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RARE PHOTOS: 2 | Vintage Vibes

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.

Evening Standard

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

The Guardian - UK

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

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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.

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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Metro Bank fined nearly £17m for failure to monitor potential money laundering

Problems were raised by junior staff three years before they were completely resolved, says FCA

The Guardian - UK

Major bank fined after failings that left millions of customers at risk

Junior staff raised concerns about the issue years ago

The Independent UK

Metro Bank fined £16.6m for failings over money laundering checks

The lender, which has about three million UK customers, failed to check for money laundering on millions of transactions up to 2020.

Evening Standard

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The Guardian - UK

FTSE 100 Live 12 November: Vodafone and AstraZeneca results fail to revive shares, Metro Bank fined £16m

Cracks are appearing in the labour market after the unemployment rate today rose to 4.3%.

Evening Standard

Meta is partnering with UK banks to catch scammers

Meta joins up with top UK banks in an effort to crack down on scams.

TechRadar

Agatha Christie hotel scraps sale plans after securing funding for refurbishment

The property was previously listed for £15 million

The Independent UK

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International Business Times UK

UK's Metro Bank Retail Cards Will Stop Working On September 10: What Happens To Your Credit Card Debt?

As Metro Bank discontinues its personal credit card service, customers will need to explore alternative spending options.

The Guardian - UK

Metro Bank returns from the brink but tough road lies ahead

The challenger bank has often taken chances but a new business model positions it as more the opportunist rather than the rebel

The Independent UK

APP fraud reimbursement ‘still largely depends on who victims bank with’

The Payment Systems Regulator has published authorised push payment scam reimbursement figures for banks and building societies.

The Guardian - UK

NatWest takes £24m hit from abandoned ‘Tell Sid’-style campaign

Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rollout

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The Guardian - UK

Chief of staff to ex-Post Office chief Paula Vennells drafted email ‘to discourage investigating prosecutions’ - as it happened

Public inquiry hears Martin Edwards warned of ‘setting the hares running’ among board members as prospect of appeals against unsafe prosecutions of branch owner-operators loomed

The Guardian - UK

‘It’s very troubling’: thieves use vulnerable man to take out £28,000 bank loan

Metro Bank faces questions over safeguards and why victim was allowed to borrow such a big sum

The Guardian - UK

Metro Bank ignored my report of attempted scam

Although fraudsters gave one of its account numbers, it was totally uninterested as I was not its customer

The Guardian - UK

Bank of England investigating claim Metro Bank put customers’ data at risk

Exclusive: Whistleblower raised concerns about security of in-branch coin-counter software

The Guardian - UK

Metro Bank increases job cuts to 1,000 and ends seven-day branch model

Lender nearly triples size of cost-cutting plan to £80m after autumn rescue deal

The Guardian - UK

‘I was in despair’: how lending a phone led to life savings being stolen

Thief went on £9,000 spree with the victim’s money before using her Uber account to travel to Stansted

The Guardian - UK

‘I’m still proud of what we created’: Metro Bank’s 14-year rollercoaster ride

From its lavish launch parties to a 2019 accounting scandal, the UK challenger bank has been beset by controversy

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Margherita Della Valle

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