This move aligns with the bank's plan to reposition its balance sheet and improve risk-adjusted returns on capital.

Throughout the financial year, it achieved £80m in annualised cost savings, mainly through cutting its workforce by over 30%, ...

Metro Bank has agreed the sale of a £584 million portfolio of personal loans as it continues to focus efforts on specialist ...

Upon completion, the transaction is capital accretive and will allow us to further optimise our balance sheet as we ...

Metro Bank today confirms entering into an agreement to sell a portfolio of approximately £584 million performing unsecured personal loans (the “Portfolio”)[4]. The transaction is expected to result ...

Metro Bank Boss Daniel Frumkin (pictured) said it could increase its network to as much as 110 branches, up from 76.

Metro Bank has returned to profitability after overhauling its costs by slashing the number of staff and selling a portion of ...

Metro Bank returned to profit in the second half of the year as it reported a loss after tax of £33.1m in H1, rebounding to a ...

Metro Bank is set to host a brand new breakfast networking event for local businesses. The High Wycombe Metro Bank branch, located in the Eden Shopping Centre, has teamed up with Get Connected to ...

What's been happening at Metro Bank? Metro Bank has about three million customers in the UK and earlier this year announced a round of heavy cost-cutting which saw it axe 1,000 jobs. In recent ...

The high street challenger bank said the disposal of the unsecured loan book to an unnamed buyer would deliver an estimated ...