Metro Bank plc is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new British high street bank in over 150 years. The bank is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. In early 2019 Metro Bank hit difficulties when it announced insufficient capital to meet regulatory requirements, after discovering an error in how it categorised commercial loans for capital adequacy purposes. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Company Type (category) Company Type (category) Company Type Founded Year Connections
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Source Metro Bank (United Kingdom) (Wikipedia)
Source Metro Bank (United Kingdom) (Wikipedia)
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Source Wikipedia: Metro Bank (United Kingdom)tier 2
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1. Metro Bank (United Kingdom) (Wikipedia)
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After a period of rapid growth, Metro Bank hit difficulties in early 2019 when it announced it had insufficient capital to meet regulatory requirements, following the discovery of an error in the way it categorised its commercial loans for capital adequacy purposes.
Lead section
Metro Bank PLC is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010.
Operates In: Banking Industry, Infobox: industry
Banking, Financial services
Operates In: Financial Services Industry, Infobox: industry
Banking, Financial services
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