Metro Bank Financial News

30.11 / 13:37

companies financial conduct authority London Stock Exchange Metro Bank Metro Bank to axe 20% of staff as part of cost-cutting drive

A £10-15m one-off restructuring charge is expected in 2023, which is lower than previously anticipated, the firm added.

11.10 / 16:25

UK companies Metro Bank Metro Bank bondholders approve refinancing deal

More than 75% by value have backed the deal.

09.10 / 07:57

UK equities Metro Bank 'New chapter' as Metro Bank secures financing package

Metro Bank CEO Daneil Frumkin has purchased up to £2m of the equity raise, while CFO James Hopkinson adds up to £60,000.

07.10 / 21:15

Metro Sky News country reports Metro Bank Speculation Shares in troubled British lender Metro Bank bounce back by a third as asset sale speculation swirls

Shares in the troubled British lender Metro Bank have bounced back by a third on reports that it has been sounding out bigger rivals to buy a chunk of its assets

06.10 / 12:45

UPS Booking HSBC Metro Sky News reports Metro Bank UK's embattled Metro Bank expected to struggle to raise capital with 'no easy solutions'

LONDON — The U.K.'s Metro Bank will likely struggle to raise fresh capital to shore up its balance sheet, according to analysts, who outlined bleak prospects for the beleaguered bank.

06.10 / 08:21

HSBC UK companies Financial Services Treasury Sky News NatWest HM Treasury Metro Bank Metro Bank under BoE and Treasury scrutiny as it sounds out potential mortgage book sale - reports

This would add to the potential equity and debt raising that is being targeted by the bank in order to refinance a £350m MREL debt due next year.

05.10 / 14:13

Bank of England UK companies financial conduct authority Sky News Metro Bank Metro Bank urgent fundraise plans spark sharp sell-off

The bank said it continues to consider «how to best enhance its capital resources, with particular regard to the £350m senior non-preferred notes due in October 2025.

05.10 / 13:27

Bank of England UK companies financial conduct authority Sky News Metro Bank Regulators summon Metro Bank chiefs amid sell-off sparked by urgent capital raise - reports

The bank said it continues to consider «how to best enhance its capital resources, with particular regard to the £350m senior non-preferred notes due in October 2025.

05.10 / 08:29

Reuters Metro reports Metro Bank UK's Metro Bank shares suspended multiple times after plunging more than 25%

LONDON — Shares of Britain's Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close.

20.06 / 11:05

Metro Metro Bank Crisis-hit Odey Asset Management slashes position in Metro Bank

Odey Asset Management has cut its short position in Metro Bank after severing ties with its founding partner and star portfolio manager Crispin Odey.

12.12 / 12:11

Metro information Metro Bank FCA fines Metro Bank £10m over giving investors wrong information

The Financial Conduct Authority on 12 December said it has fined Metro Bank £10m for publishing incorrect information to investors in 2018.

23.12 / 01:43

Metro Metro Bank Fine PRA slaps Metro Bank with £5.4m fine for ‘inaccurate’ reporting

The Prudential Regulation Authority has fined Metro Bank £5,376,000 for “failing to act with due skill, care and diligence” in its regulatory reporting.

22.12 / 12:13

Metro Metro Bank Fine PRA slaps Metro Bank with £5.4m fine for ‘inaccurate’ reporting

The Prudential Regulation Authority has fined Metro Bank £5,376,000 for “failing to act with due skill, care and diligence” in its regulatory reporting.

04.11 / 16:26

Metro Metro Bank Takeover Carlyle Metro Bank confirms Carlyle takeover interest sending shares soaring

Metro Bank confirmed that private equity firm Carlyle had approached it over a potential takeover, sending its shares soaring more than 30%.

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