Metro Bank confirms takeover approach from Carlyle Group, share surge
4th Nov 2021 11:24
(Sharecast News) - Metro Bank surged on Thursday after confirming it has received a takeover approach from funds affiliated with US private equity firm the Carlyle Group.
Read moreMetro Bank sees signs of return to normality as Q3 lending flat
20th Oct 2021 09:33
(Sharecast News) - Metro Bank said on Wednesday that it was seeing signs of a gradual return to normality as it reported flat lending for the third quarter.
Read moreMetro Bank H1 revenues grow amid 'challenging environment'
28th Jul 2021 07:38
(Sharecast News) - Retail banking company Metro Bank said on Wednesday that interim revenues had improved over the six months ended 30 June.
Read moreSunday newspaper round-up: Covid-19 restrictions, Airline industry, Aviva
13th Jun 2021 11:42
(Sharecast News) - Britain will have a six-week window to open up in the summer or risk keeping Covid-19 restrictions in place until the spring, ministers fear. Boris Johnson on Saturday gave his clearest signal yet he is planning to delay a full return to normality for another month, as he said he wanted to give Covid-19 vaccines "extra legs" in "the race between the vaccines in the lockdowns". - Sunday Telegraph
Read moreWednesday broker round-up
3rd Mar 2021 13:05
(Sharecast News) - Croda International: Berenberg reiterates buy with a target price of 7,400p.
Read moreCovid-19 weighs heavily as losses widen at Metro Bank
24th Feb 2021 09:31
(Sharecast News) - Metro Bank saw losses widen significantly last year, as the Covid-19 pandemic dented income and saw customers default on loans.
Read moreMetro Bank buys portfolio of loans from Ratesetter for up to £384m
2nd Feb 2021 09:21
(Sharecast News) - Metro Bank has bought a portfolio of loans from peer-to-peer investors who have invested through the RateSetter platform - a wholly-owned subsidiary of the bank - for up to £384m in cash, as it looks to increase its exposure to unsecured lending.
Read moreTuesday broker round-up
12th Jan 2021 13:14
(Sharecast News) - Clarkson: JP Morgan downgrades to neutral with a target price of 2,960p.
Read moreNatWest buys £3.1bn prime mortgage portfolio from Metro Bank
21st Dec 2020 07:31
(Sharecast News) - NatWest has entered into an agreement with Metro Bank to acquire a £3bn portfolio of prime UK mortgages, it announced on Monday.
Read moreLiberum initiates coverage of challenger banks, OneSavings top pick
8th Dec 2020 15:15
(Sharecast News) - Liberum has initiated coverage of five challenger banks and specialist lenders, with 'buy' ratings on OneSavings Bank, Virgin Money UK and Paragon Banking Group.
Read moreDirector dealings: Metro Bank CEO ups stake
5th Nov 2020 16:12
(Sharecast News) - Metro Bank revealed on Thursday that chief executive Daniel Frumkin had acquired 1.85m ordinary shares in the London-listed bank.
Read moreMetro Bank Q3 deposits flat, net loan book grows
21st Oct 2020 08:34
(Sharecast News) - Retail and commercial bank Metro Bank said on Wednesday that total deposits were flat in the third quarter, while its net loan book continued to grow throughout the period.
Read moreCiti sees contrarian 'opportunity' in UK banks
12th Oct 2020 12:40
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.
Read moreHammerson is most shorted UK company, alongside Metro Bank and Sainsbury's
9th Sep 2020 14:19
(Sharecast News) - Hammerson is the most shorted UK listed company as investors bet against the beleaguered shopping centre operator, research shows.
Read moreMetro Bank posts heavy loss on Covid bad debt provision
5th Aug 2020 09:16
(Sharecast News) - Metro Bank set aside £112m for coronavirus-related credit losses as it swung to a half-year pre-tax loss.
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