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Metro Bank

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  • Wednesday, 18 May, 2022
    US banks
    Former Metro Bank boss Vernon Hill fights ousting at US lender

    Board coup follows disputes over spending and contracts for Republic First Bancorp

  • Wednesday, 23 February, 2022
    Metro Bank’s losses narrow as it attempts to draw line under scandal

    Challenger lender announces first branch closures in its history

  • Wednesday, 22 December, 2021
    Metro Bank fined £5m for capital reporting error

    Regulator says bank failed to act with ‘due skill, care and diligence’

  • Wednesday, 22 December, 2021
    City Bulletin
    Metro Bank hit with £5.4m fine Premium content

    Plus, US exchanges target Indian listings and the case for the Universal Basic Income

  • Friday, 19 November, 2021
    City InsiderBryce Elder
    Metro Bank imagines a brighter future as takeover talks stall

    Metro’s community vision; tensions between Numis and THG; and Google’s fintech boss has Bond on the mind

  • Thursday, 18 November, 2021
    Carlyle ends talks on Metro Bank takeover

    Buyout group’s decision to pull out of discussions sends shares in UK challenger bank tumbling

  • Monday, 8 November, 2021
    Inside BusinessPatrick Jenkins
    Why Carlyle is betting on an interest rate windfall at Metro

    Private equity interest in mid-tier UK retail banks reflects hopes for a turn in the sector’s fortunes

  • Thursday, 4 November, 2021
    Metro Bank receives takeover approach from Carlyle

    UK lender has ‘engaged with’ US private equity firm over potential offer

  • Tuesday, 24 August, 2021
    OnlyFans
    OnlyFans founder blames banks for ban on porn

    Tim Stokely says Bank of New York Mellon ‘flagged and rejected’ all interbank wires linked to website

  • Wednesday, 28 July, 2021
    Metro Bank’s turnround efforts ‘beginning to bear fruit’, says chief

    UK lender reports sharp reduction in losses after overhauling business

  • Monday, 10 May, 2021
    Metro Bank calls for looser rules on small banks to aid UK recovery

    Chief executive Daniel Frumkin urges regulators to seize on ‘unique moment’ to boost competition

  • Thursday, 25 February, 2021
    City InsiderOwen Walker
    Conduit Club proves a burden for Metro Bank’s Frumkin

    Bank will be lucky to get half its money back after collapse of exclusive Mayfair spot

  • Monday, 21 December, 2020
    Metro Bank shares soar following mortgages sale

    Deal to offload fifth of its loan book removes need for potentially crippling debt issuance

  • Saturday, 29 August, 2020
    Banks
    UK banks convert branches to avoid restaffing big offices

    Virgin Money and Metro Bank have plans in place, with Lloyds about to start testing

  • Friday, 7 August, 2020
    European companies
    Pandemic makes peer-to-peer grandee think twice about banks

    RateSetter acquired by Metro Bank

  • Wednesday, 5 August, 2020
    Metro Bank falls to £241m loss after sharp rise in loan provisions

    UK challenger bank insists disruption caused by pandemic has not derailed turnround plans

  • Wednesday, 5 August, 2020
    City Bulletin
    City Bulletin: Coronavirus knocks Metro Bank’s recovery off course Premium content

    Metro Bank losses deepen, four takeaways from banks’ earnings season; Disney slumps to a loss

  • Monday, 3 August, 2020
    Metro Bank agrees deal for peer-to-peer lender RateSetter

    Purchase comes as UK challenger bank seeks to expand into more profitable areas of consumer lending

  • Friday, 17 July, 2020
    UK companies
    Can the City of London’s cyber Home Guard hack it?

    Simon Culhane musters genteel crowd of volunteers for 21st-century ‘Dad’s Army’ to fight fraud

  • Friday, 10 July, 2020
    Metro Bank brings in dealmaking chairman

    Robert Sharpe to join challenger bank in November

  • Wednesday, 8 July, 2020
    Metro Bank appoints Robert Sharpe as new chairman

    Industry veteran to replace co-founder Vernon Hill who resigned in wake of reporting scandal

  • Saturday, 20 June, 2020
    Peer-to-peer lending
    Peer-to-peer lenders forced to abandon retail roots

    Groups turn to big financial institutions amid falling demand and nervous investors

  • Friday, 19 June, 2020
    News in-depthCity Insider
    Dealmaker Hannam pivots from M&A to PPE

    Ex-JPMorgan banker buys China mask factory in anticipation of second virus wave

  • Monday, 15 June, 2020
    LexUK banks
    Metro Bank/RateSetter: democratic deficit Premium content

    A deal would set boss Dan Frumkin on the right foot with shareholders

  • Monday, 15 June, 2020
    Metro Bank in exclusive talks to buy RateSetter

    Acquisition would accelerate push to expand unsecured consumer lending book

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