Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million...
U.K. challenger bank Metro Bank has announced partnerships with three different FinTechs to strengthen its small and medium-sized business offerings. In an announcement on Metro...
The ongoing fallout from an accounting error at Metro Bank will now see Founder Vernon Hill completely exit the group after previously announcing he would...
Today in the payments news roundup, challenger banks in the U.K. are having a difficult time competing with the country’s big four financial institutions. Also, Amazon wants to take...
Challenger banks in the U.K. are having a hard time competing with the country’s big four financial institutions. While challengers such as Metro Bank, Santander...
Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even...
Metro Bank senior managers are being grilled by the U.K. Financial Conduct Authority (FCA) about a misreporting scandal that caused stock values to fall in excess...
Following a series of setbacks for U.K. challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind...
Two U.S. law firms have launched investigations into the U.K.’s Metro Bank on behalf of investors concerned that the institution committed securities fraud. Reports in...