Metro Bank receives private equity-backed takeover interest June 14, 2025 High street lender Metro Bank has been approached for a takeover which could take it off the London Stock Exchange, Sky News has reported. Bosses at Metro Bank have reportedly been approached in the last two weeks by private equity firm Pollen Street about an offer to take it private. The takeover would follow a [...]
Is Natwest set for a deal spree after privatisation? May 27, 2025 As Natwest finally breaks from the shackles of government ownership, the banking juggernaut may be gearing up for an acquisition spree. The FTSE 100 giant is speculated to return to privatisation in a matter of days after the government accelerated its sell off over the last year. Shares in the firm rose one per cent [...]
Metro Bank shares soar as lender’s turnaround gathers pace May 8, 2025 Metro Bank said there was a “significant increase” in quarter one profit against the second half of 2024 during a trading update on Thursday. Shares in the bank jumped nearly four per cent during early trading. The London-based firm said it was “confident” it would meet full-year targets after a “structurally higher” net interest margin, [...]
Metro Bank returns to profit amid specialist lending pivot February 27, 2025 Metro Bank swung back to profitability in the second half of the year as the bank pressed on with a move away from retail banking and towards specialist lending. The high street bank pulled ahead of guidance in its full-year posting, after a strong performance in the second half of 2024. The FTSE 250 lender [...]
Metro Bank sells personal loan book in switch to specialist lending February 26, 2025 Metro Bank is set to sell its £584m portfolio of unsecured personal loans as the lender switches prioritisation to specialist lending. The disposal, which was first flagged as a possibility at the end of January, will generate £11m in gains for the FTSE 250 bank. The deal – with an undisclosed buyer – comes ahead [...]
Natwest: FTSE 100 bank’s share price scoops ten-year high February 11, 2025 Shares in Natwest were touching a ten year high on Tuesday morning, ahead of the bank posting its annual results on Friday. At market open, share price was at 442.70p edging towards the high of 445.85p achieved in February 2015. The lender hit its highest share price since 2015 last month, and continued to rally [...]
After fining Metro Bank and Starling, which challenger bank will the FCA target next? November 13, 2024 The Financial Conduct Authority has signalled that it is ready to take a hard line against challenger banks for financial crime failings after dishing out hefty fines to young lenders.
Metro Bank given hefty fine by City regulator for financial crime failings November 12, 2024 The Financial Conduct Authority (FCA) said that Metro Bank had failed to adequately monitor over 60m transactions for money laundering risks between June 2016 and December 2020.
Meta: Instagram owner to expand UK bank data scheme in anti-fraud push October 2, 2024 Meta is to partner with more UK banks for a data-sharing programme aimed at tackling fraud, as tech giants come under pressure to address a surge in scams on social media.
Is the high street party over for Metro Bank? August 4, 2024 The boss of Metro Bank has said it will begin to shift its focus away from the high street as the lender looks to ramp up its business banking efforts.