Metro Bank: What's going on and is my money safe? - BBC News
Nov 30, 2023 · By Lora Jones. BBC News. Metro Bank is to review whether it will stay open seven days a week, and plans to cut a fifth of its workforce. This comes after shareholders backed a multi-million...
Britain's watchdog fines Metro Bank $20 million for control failings
3 days ago · Metro Bank shares fell 3% in early trading on Tuesday, against a 0.5% fall in the benchmark FTSE 100 index , opens new tab, but were still up 128% in the year to date as its turnaround continues.
Metro Bank revives £3bn mortgage sale after investor bailout
Jul 8, 2024 · Metro Bank is reviving plans to offload a multibillion pound mortgage months after an investor bailout rescued it from the brink of collapse. Sky News has learnt that the London-listed high street ...
Metro Bank has a limited future, claims co-founder - BBC News
Oct 10, 2023 · Metro Bank faces a "limited future" if it continues with its strategy of focusing on High Street branches, the co-founder of the bank has said. On Sunday, Metro Bank agreed a deal to raise...
Metro Bank shares plunge on fund raising reports - BBC News
Oct 5, 2023 · The bank's shares sank by as much as a third after newspapers reported it needed to raise up to £600m. Metro Bank sought to reassure investors about its financial position on Thursday.
Metro Bank: What's going on and is my money safe? - BBC
Nov 30, 2023 · Metro Bank currently has 76 branches across England and Wales, and in July said it planned to open 11 more across the north of England in 2024 and 2025. What's been going on? Metro Bank has...
Colombian billionaire takes control of Britain’s struggling Metro Bank
Oct 9, 2023 · Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender’s finances.
Metro Bank (United Kingdom) - BBC News
Nov 30, 2023 · Metro Bank to review seven-day opening and cut jobs. The struggling lender is to cut a fifth of staff, and rival Lloyds announces more branch closures. Business. 27 Nov 2023.
What's gone wrong for Metro Bank and will Barclays save it?
Nov 28, 2023 · Metro Bank shareholders have voted to back a rescue deal aimed at securing its future as Barclays engages in exclusive negotiations to acquire the group's residential mortgage book.
Metro Bank strikes late-night rescue deal - BBC
Oct 8, 2023 · Metro Bank has struck a deal to raise extra funds from investors that it said will secure its future. The deal was announced late on Sunday after days of intense speculation about the...
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