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The Latest Breaking News from Metro Bank

Metro Bank investors urged to reject executive pay report

Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviser

The Guardian - UK

Metro Bank boss handed record £2.6m a year after slashing 1,000 jobs

Dan Frumkin’s pay package comes after bank’s near collapse and rescue by Colombian billionaire

The Guardian - UK

Metro Bank bounces back to profit after cost-cutting

The company has heavily reduced its cost base in recent years as part of a major turnaround since 2023.

Evening Standard

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read the most diverse news in one place.

Branching out: why banks are back on the British high street

In towns such as Northampton, in-person help with finances is a promise many customers still depend upon

The Guardian - UK

Metro Bank’s credit file markers are adding to the pain of our son’s death

Bank refuses to remove late payment markers after we were twice late repaying our mortgage in last months of his life

The Guardian - UK

'Minus £7,000 Overnight': Metro Bank Glitch Sparks Outrage as Customers Report Vanished Funds

Metro Bank's recent system glitch sparked widespread frustration as customers reported being locked out of their accounts, facing unauthorised overdrafts, and losing funds.

International Business Times UK

Metro Bank outage causes issues with customer accounts

Are you one of the customers affected?

Evening Standard

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Metro Bank customers see red after IT glitch empties accounts

Bank apologises for payments delay that led to angry complaints about ‘negative balances and missing funds’

The Guardian - UK

Metro Bank customers complain of inaccurate bank balances after tech issues

The high street bank said it was working hard to get the problems fixed.

Evening Standard

‘You’ve taken my money’: Metro Bank customers report negative balances after major glitch

Some customers unable to send or receive money after technical issue with banking app

The Independent UK

England face record run chase to set up decider as South Africa score 331

South Africa shone at Lord’s after being put in by Harry Brook.

The Independent UK

Michael Vaughan: England putting too much pressure on Jacob Bethell

Bethell was one of many England players who failed to deliver as South Africa romped to a dominant victory in the first Metro Bank ODI at Headingley.

The Independent UK

Metro Bank returns to profit after cutting costs and boosting lending

Metro said operating costs fell by 8% year on year.

Evening Standard

TSB’s Spanish owner considers sale of UK banking business

It comes a decade after Sabadell bought TSB for £1.7 billion to gain a foothold in the UK.

Evening Standard

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The Guardian - UK

Metro Bank sobers up and attracts a suitor

A lift in share price shows the market expects a deal, but Metro v 2.0 doesn’t need to jump at a takeover at any price

The Guardian - UK

Metro Bank shares surge on talk of private equity takeover

Potential uncertainty for customers and staff as Shawbrook owner Pollen Street Capital sounds out bank’s bosses

The Independent UK

Air India flight returns to Hong Kong due to a midair technical issue

An Air India flight has returned to Hong Kong shortly after takeoff due to a midair technical issue

Evening Standard

Metro Bank shares soar as investors welcome possible takeover approach

The London-listed bank was reportedly approached by investment firm Pollen Street Capital about potentially taking it private.

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news in one place.

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The Independent UK

Investors welcome rumour of Metro Bank takeover

Shares in Metro Bank have jumped by more than a 10th

The Guardian - UK

Metro Bank risks backlash over £60m bonus scheme for chief executive

Shareholder advisory firms concerned long-term reward plan could pay out to bosses regardless of performance

Evening Standard

TSB profits jump on cost-cutting and stamp duty mortgage rush

The Spanish-owned lender posted pre-tax profits of £101.3 million for the first quarter, up from £53.4 million a year ago.

Evening Standard

Metro Bank launches AI-powered scam detection tool

The bank has partnered with AI scam detection service Ask Silver to launch a tool for customers to check possible scams via WhatsApp.

The Guardian - UK

Ex-Metro Bank CEO says FCA ruling has left him unable to secure permanent job

Craig Donaldson challenging ruling by UK regulator, which accused him of misleading investors over £900m accounting blunder

Evening Standard

Metro Bank returns to profitability after cutting 30% of workforce

The lender made £80 million of annualised cost savings over the financial year.

Evening Standard

Metro Bank sells £584m personal loan book amid shift to specialist lending

The high street bank is focusing efforts on commercial, corporate, small business lending and specialist mortgages.

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