Metro Bank

104 results about this entity

Period: 08 Mar 2010 - 13 Mar 2024

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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

Metro Bank CFO James Hopkinson to step down

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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.

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

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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.

Metro Bank organises tech workshops for kids

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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.

Will Metro Bank be 2023’s next banking collapse?

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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,

Metro Bank moves into the auto finance market

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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.

/regulation

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.

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

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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.

Starling responds to UK Govt's report on suspected BBLS fraud

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Starling responds to UK Govt's report on suspected BBLS fraud

UK Government has confirmed that of the £47 billion provided in loans through the Bounce Back Loan (BBL) scheme, £1.1 billion of these loans are suspected to be fraudulent.

Metro Bank ‘magic money machines’ help raise cash for Kidscan

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Metro Bank ‘magic money machines’ help raise cash for Kidscan

Metro Bank’s in-branch free coin counting service that allows customers to donate non-sterling coins to charity has raised over £15k for children’s cancer charity Kidscan.

Metro Bank sued over 'magic money machines'

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Metro Bank sued over 'magic money machines'

Metro Bank is being sued by US software company Arkeyo over allegations that it leaked the company's coin counting technology to a rival firm.

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Metro Bank joins the APPG for Challenger Banks and Building Societies as associate member

The APPG for Challenger Banks and Building Societies is delighted to announce that Metro Bank is the latest challenger bank to join us as an Associate Member.

/startups

Metro Bank looks for startups for innovation lab

Metro Bank has just launched its second start-up collaboration programme, Metro Bank Magic Makers. Drawing on the success of the first programme run in partnership with L Marks, Metro Bank is again looking for innovative solutions that will move the dial on its customer experience.

/inclusion

Metro Bank pledges support for improving financial literacy

Metro Bank is one of the signatory companies pledging support for the National Literacy Trust’s Vision for Literacy Business Pledge.

/retail

Metro Bank narrows losses

Turnaround plan successfully delivering momentum and sustainable growth, underpinning the path to profitability.

Metro Bank CFO quits as lender preps financial results

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Metro Bank CFO quits as lender preps financial results

Metro Bank's chief financial officer has quit the troubled UK lender just eight days before it presents its preliminary financial results.

/regulation

Metro Bank fined £5.4 million for failing in its regulatory reporting governance and controls

The Prudential Regulation Authority (PRA) has imposed a financial penalty on Metro Bank plc (Metro Bank) of £5,376,000 for failing to act with due skill, care and diligence in relation to the regulatory reporting of its capital position and for failings in its regulatory reporting governance, controls and investment with respect to its Common Reporting (COREP) returns sent to the PRA between 13 May 2016 to 23 January 2019.

/payments

Metro Bank launches magic Christmas money tree campaign

The UK’s community bank, Metro Bank, has launched its Magic Money Christmas Tree marketing campaign designed to fundraise through a gold coin mechanism for a range of local children’s charities across its 78 stores.

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