Metro Bank

106 results about this entity

Period: 08 Mar 2010 - 26 Jul 2024

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NatWest buys Metro Bank’s £2.4 billion mortgage portfolio

NatWest has bought Metro Bank’s £2.4b mortgage book, while also admitting to being forced to spend £24m on cancelled “Tell Sid” campaign by the previous government.

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Metro Bank founder Anthony Thomson joins ekko board

ekko, a pioneering fintech dedicated to integrating sustainability into every financial transaction, has announced two major appointments as part of its ongoing expansion efforts. The company has confirmed the addition of Anthony Thomson, the founder and former chairman of Metro Bank, Australian neobank, 86 400, and Atom Bank to its board of directors. Additionally, Majda Dabaghi has been named as ekko's new CSO. These two strategic appointments reflect ekko's significant ambition as it enters an important phase of development and expansion following the company’s recent $2.5m in funding.

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Metro Bank returns to profit on elimination of 1000 jobs

Metro Bank reports statutory profit before tax of £30.5 million for the year, the first time since 2018, with a 67% year-on-year reduction in underlying loss to £16.9 million

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Metro Bank CFO James Hopkinson to step down

Metro Bank has announced its CFO James Hopkinson will leave his role after joining in September 2022.

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Metro Bank to review store opening hours and cut 20% of staff

Struggling UK lender Metro Bank is planning to reduce store opening hours and cut 20% of its staff in a bid to slash costs by £50 million per year.

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Metro Bank organises tech workshops for kids

Metro Bank has held a series of tech workshops for primary school children from the most deprived parts of London.

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Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.

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Metro Bank transforms mortgage platform as it prepares to enter two new markets

Metro Bank has undertaken a major transformation of its mortgage origination platform to streamline the process for both mortgage intermediaries and customers as well as provide the infrastructure to launch a series of products in the Shared Ownership and Limited Company BTL sectors of the market.

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Metro Bank to resume store expansion as losses narrow

Metro Bank PLC (LSE: MTRO LN) Results for Year ended 31 December 2022,

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Metro Bank moves into the auto finance market

Metro Bank is moving into the auto finance market, beginning with real-time hire purchase loans for used cars currently available through motor brokers.

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Metro Bank and two former directors fined for financial reporting breach

The FCA has fined Metro Bank PLC £10,002,300 for breaching the Listing Rules by publishing incorrect information to investors.

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How to make decisions that are Planet, Profit and Prudential positive

Suresh Sankaran, Head of Model Risk Governance, Metro Bank joins FinextraTV at Sustainable Finance Live 2022. Discussing why Climate Risk is increasingly important to banks, Suresh offers a Risk Professionals' perspective on the expanding use of data within ESG and its use in risk function to make decisions, we get to understand why the role of ICAAP and ILAAP provisions are crucial in helping fight climate change.