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Deal to offload fifth of its loan book removes need for potentially crippling debt issuance
Virgin Money and Metro Bank have plans in place, with Lloyds about to start testing
RateSetter acquired by Metro Bank
UK challenger bank insists disruption caused by pandemic has not derailed turnround plans
Metro Bank losses deepen, four takeaways from banks’ earnings season; Disney slumps to a loss
Purchase comes as UK challenger bank seeks to expand into more profitable areas of consumer lending
Simon Culhane musters genteel crowd of volunteers for 21st-century ‘Dad’s Army’ to fight fraud
Robert Sharpe to join challenger bank in November
Industry veteran to replace co-founder Vernon Hill who resigned in wake of reporting scandal
Groups turn to big financial institutions amid falling demand and nervous investors
Ex-JPMorgan banker buys China mask factory in anticipation of second virus wave
A deal would set boss Dan Frumkin on the right foot with shareholders
Acquisition would accelerate push to expand unsecured consumer lending book
Risk-takers notably absent among the low-footprint non-jet-setters
Lender seeks to refocus business after a reporting error derailed previous plans
Turnround specialist faces challenge of winning back investor confidence
Challenges at challenger; Pendragon’s new salesman; Telegraph’s station spat
Several private equity groups have resisted making bids despite 90% share price fall
UK lender takes further steps to overhaul leadership after year of turmoil
Craig Donaldson believed in the challenger bank, but the City cannot believe in him
Departure will leave struggling UK bank without permanent CEO or chairman
Banking authorities did no favours for Metro, a challenger bank
Michael Snyder steps in as temporary replacement for founder and chairman of UK challenger
Michael Snyder to take over while co-founder is due to leave board at end of year
Vernon Hill’s fast exit is far from enough to turn the lender round
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