Metro Bank delivers flat QoQ performance
27th Apr 2022 07:59
(Sharecast News) - High street lender Metro Bank has reported a broadly flat quarter-on-quarter performance for the three months ended 31 March but maintained that it remained on track to deliver on its strategic plan.
Read moreBoE may delay bank capital move because of Ukraine war
24th Mar 2022 11:14
(Sharecast News) - The Bank of England is considering delaying plans to tighten banks' capital requirements because of concerns created by Russia's invasion of Ukraine.
Read moreMetro Bank losses narrow as it progresses with turnaround
23rd Feb 2022 08:25
(Sharecast News) - Metro Bank recorded a narrower underlying loss on the back of improved revenues in its 2021 results on Wednesday, as its turnaround plan continued to deliver.
Read moreMetro Bank CFO David Arden steps down
15th Feb 2022 07:26
(Sharecast News) - Metro Bank said on Tuesday that chief financial officer David Arden will step down with immediate effect and leave the business on 1 April.
Read moreMetro Bank fined £5.38m for regulatory reporting failures
22nd Dec 2021 07:49
(Sharecast News) - Metro Bank has been fined £5.38m by the Bank of England for failures in its regulatory reporting following accounting inaccuracies in 2019.
Read moreMetro Bank and Carlyle scrap takeover talks
18th Nov 2021 07:40
(Sharecast News) - Metro Bank and Carlyle Group have called off talks about a potential takeover of the UK lender by the private equity firm.
Read moreMetro 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.
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