Metro Bank to add 260 more jobs

City A.M. Reporter
Metro Bank, whose launch in 2010 marked the arrival of Britain's first new High Street retail bank in more than 100 years, has plans to hire around 260 more staff this year and is looking for additional capital to fund its development.

Chief Executive Craig Donaldson declined to comment on how much capital could be raised, but sources with knowledge of the matter said the bank could seek up to £150m from private investors this summer.