THE TRUTH ABOUT: 3 - Caught on Camera

Nationwide 'out in the cold', brokers say, as it stays out of mortgage rate price war for now

Metro Bank and TSB were among the latest lenders to cut rates

Evening Standard · Jan 16, 2024

Treasury to end oversight of £425m scheme to help banks after RBS bailout

Body monitoring use of money given to challenger banks to promote competition to be wound down despite objectives not met

The Guardian - UK · Dec 28, 2023

Metro Bank to cut about 800 jobs and review opening hours

Lender to ramp up cost-cutting plans after rescue deal and assess seven-days-a-week branch model

The Guardian - UK · Nov 30, 2023

Mortgage debts and bust firms put UK banks’ profits under pressure

With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises

The Guardian - UK · Oct 21, 2023

Bank CEOs set the tone from the top when it comes to risky behaviour — new research

Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander.

The Conversation · Oct 12, 2023

Who is the Colombian billionaire taking a high stakes punt on Metro Bank?

Jaime Gilinski Bacal is known for snapping up struggling lenders on the cheap and turning around their fortunes

The Guardian - UK · Oct 10, 2023

Metro Bank gets another shot at redemption – but too late for the small shareholders

Chief executive’s boast that there is nothing wrong with its business model will sound hollow to those nursing a 97% loss

The Guardian - UK · Oct 9, 2023

What is happening at Metro Bank? What customers need to know

Millions of users awaiting news of bank’s survival

Evening Standard · Oct 9, 2023

Metro Bank to slash costs after £925m rescue deal

Lender confirms customers have started to pull money out amid worries over its financial health

The Guardian - UK · Oct 9, 2023

Metro Bank agrees rescue deal with investors

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

The Guardian - UK · Oct 8, 2023