Metro Bank

FCA Questions Metro Bank Managers On Misreporting Allegations
FCA Questions Metro Bank Managers On Misreporting Allegations
September 17, 2019  |  Bank Regulation

Metro Bank senior managers are being grilled by the U.K. Financial Conduct Authority (FCA) about a misreporting scandal that caused stock values to fall in excess...

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Metro Bank Pulls Back On Commercial Lending
Metro Bank Pulls Back On Commercial Lending
September 17, 2019  |  B2B Payments

Following a series of setbacks for U.K. challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind...

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Metro Bank Hit By More Fraud Probes
Metro Bank Hit By More Fraud Probes
May 31, 2019  |  B2B Payments

Two U.S. law firms have launched investigations into the U.K.’s Metro Bank on behalf of investors concerned that the institution committed securities fraud. Reports in...

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Metro Bank Combats Internet Hoax With $478M Fundraise
Metro Bank Combats Internet Hoax With $478M Fundraise
May 20, 2019  |  B2B Payments

Shareholders have raised $478 million for U.K. challenger bank Metro Bank after an internet hoax raised concerns over the value of the institution. Get the...

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Metro’s Accounting Errors Cost Bank Top Clients
Metro’s Accounting Errors Cost Bank Top Clients
May 02, 2019  |  B2B Payments

Some of Metro Bank’s largest customers left the institution following revelations of accounting mistakes, according to Wednesday (May 1) reports in the Financial Times. Get...

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CYBG Snubbed For RBS Funds
CYBG Snubbed For RBS Funds
February 25, 2019  |  B2B Payments

After months of controversy, the U.K.’s Banking Competition Remedies has awarded the first batches of the Royal Bank of Scotland’s $1 billion fund to competing...

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UK Metro Bank Hit By Messaging Scams
UK Metro Bank Hit By Messaging Scams
February 08, 2019  |  B2B Payments

Technology speeds commerce and eases daily life, but also acts as a conduit to payments fraud. Get the Full Story Complete the form to unlock...

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UK’s Metro Bank Attacked By Cyber Fraud
UK’s Metro Bank Attacked By Cyber Fraud
February 04, 2019  |  Security & Fraud

Metro Bank, a British financial institution launched in 2010, said it was targeted by cybercriminals in a scheme where a vulnerability in text messaging between...

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BoE Regs Find Accounting Mistakes At Metro Bank
BoE Regs Find Accounting Mistakes At Metro Bank
February 01, 2019  |  Banking

Metro Bank is dealing with the fallout from the revelation that it misclassified a large number of commercial loans, with many predicting the resignation of some...

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