Metro Bank (United Kingdom)
Bank operating in the United Kingdom
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Metro Bank PLC is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange.
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Metro Bank to cut 20% of its workforceMetro Bank has revealed plans to cut 20% of its workforce and slash its business hours commitments as part of efforts to save it from collapse.Sky News - Published | |
Metro Bank agrees financing to strengthen balance sheetMetro Bank has agreed a financing deal, strengthening its troubled balance sheet, following Sky News reports it was seeking the funding.Sky News - Published | |
Santander UK drafts in Osborne to advise on Metro Bank offerSantander UK has been approached to revive its financial crisis-era role as a white knight for failing British lenders as regulators seek to secure a quickfire private sector deal to shore up Metro..Sky News - Published | |
Metro Bank rejected secret Shawbrook takeover approachesThe board of Metro Bank rejected a secret takeover approach last month from a rival British lender, just days before its share price crashed when it emerged that it was seeking hundreds of millions of..Sky News - Published | |
London hedge fund Caius Capital was key player in Metro Bank rescueA London-based hedge fund which fought a long-running battle with one of Italy's biggest banks has emerged as a key player in the deal to recapitalise Metro Bank, the high street lender.Sky News - Published | |
Metro Bank moves to reassure investors over funding efforts after steep fall in share priceMetro Bank has moved to reassure investors following a steep fall in its share price as it continues to evaluate options for a major funding effort.Sky News - Published | |
Metro Bank plots capital-raise in bid to allay City concernsMetro Bank, the high street lender, is drawing up plans to raise hundreds of millions of pounds of new capital in weeks in a bid to strengthen its troubled balance sheet.Sky News - Published | |
Metro Bank accused of closing account over Brexit by Reform UK leaderMetro Bank has insisted it is politically neutral after being accused of closing down the Reform UK party's account because of its support for Brexit.Sky News - Published |
