Metro Bank
| Use attributes for filter ! | |
| Web site | www.metrobankonline.co.uk |
|---|---|
| Customer service | 00 44 20 3402 8312 |
| Headquarters | London |
| United Kingdom | |
| Founders | Vernon Hill |
| Number of locations | 65 Stores |
| Executives | Craig Donaldson |
| Vernon Hill | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 644470 |
About Metro Bank
Metro Bank plc is a retail 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 and is a constituent of the FTSE 250 Index.
Bank branch closures hits Prime Minister Rishi Sunak's constituency
... The move comes a day after Lloyds Banking Group said it would shut 45 branches next year, and Metro Bank announced a review of opening hours...
Metro Bank to review seven day opening and cut jobs
...By Tom EspinerBusiness reporter, BBC NewsMetro Bank has said it will review whether to stay open seven days a week as it also revealed plans to cut 20% of its workers...
Metro Bank shareholders to vote on rescue deal
...Metro Bank shareholders are to vote later on whether to back a rescue deal aimed at securing the bank s future...
Metro Bank has a limited future, claims co-founder
...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...
Metro Bank strikes deal to shore up balance sheet
...Metro Bank has struck a deal with investors that it says will secure its future after newspaper reports suggested it needed to raise cash to shore up its balance sheet...
What's going on at Metro Bank?
...By Lora JonesBBC NewsMetro Bank s shares slumped on Thursday after reports it is looking to raise millions to boost its balance sheet...
Metro Bank shares plunge on reports of urgent fund raising
...Metro Bank s shares have plunged after reports it is seeking to raise millions to bolster its finances...
Which banks do customers love or hate?
...Metro Bank has taken top spot in an official survey of customers satisfaction with their banks, with the Royal Bank of Scotland ranked bottom...
Metro Bank to review seven day opening and cut jobs
By Tom EspinerBusiness reporter, BBC News
Metro Bank has said it will review whether to stay open Seven Days a week as it also revealed plans to cut 20% of its workers.
The struggling lender said the measures are part of a strategy to save around £50m a year.
Since its launch, Metro Bank sought to differentiate itself from more traditional lenders by staying open for longer.
But it has faced challenges in recent years after an accounting scandal.
On Thursday, Metro Bank said: " The Company is reviewing seven day opening and extended store hours across The Store network and is in discussions with the Financial Conduct Authority about the customer implications of any such changes. "
It also said it would cut a fifth of its workforce. This Week , shareholders voted to back a £1bn rescue deal aimed at securing The Bank 's future.
The Bank had been struggling to be profitable and in October, reports emerged that it wanted to raise money and refinance some of its debts.
Related TopicsSource of news: bbc.com
