Metro Bank

The bank that loves branches – and, no, it’s not in great financial shape

Planet Business: Starmer merch, Apple’s obsolete watches and the first solo female winner of the Nobel prize for economics

Sat Oct 14 2023 - 06:15

Metro Bank barely survives problems of its own making

United Kingdom lender secures new capital to ease immediate peril, with few signs of a wider crisis

Tue Oct 10 2023 - 06:00

Metro Bank agrees €1bn financing package with investors

Challenger bank announces a £325m capital raise and £600m of debt refinancing

Mon Oct 09 2023 - 07:32

European shares rise as mining and oil stocks lead gains

Bank of Ireland, Deutsche Bank and Spotify among the fallers

Wed Apr 27 2022 - 18:58

Metro Bank’s annual loss narrows but lender remains cautious

Bank has set aside £5.3m to resolve investigation by financial regulator

Wed Feb 23 2022 - 11:26

OnlyFans founder blames banks for porn ban

Tim Stokely says Bank of New York Mellon ‘flagged and rejected’ all interbank wires linked to website

Tue Aug 24 2021 - 17:00

Solid earnings boost European stocks as ECB leaves rates unchanged

Banks lead Iseq higher as Ryanair, Glanbia and Cairn Homes also gain

Thu Apr 22 2021 - 18:06

Administrators of Orla Kiely licensing arm due to secure extra royalties

Royalties settlement of £120,000 have been obtained in the most recent reporting period

Wed Apr 21 2021 - 18:19

European shares rise on strong German economic data

Ryanair and other travel stocks advance as investors look to easing of Covid-19 crisis

Wed Feb 24 2021 - 18:40

Orla Kiely administrators call in lawyers to pursue creditor claims

Kiely and husband Dermott Rowan served as directors when business collapsed in 2018

Tue Nov 03 2020 - 20:48

Metro Bank shares plummet after lender unveils costs cuts

The bank reported a pretax loss of £130.8m as it wrote off technology projects

Wed Feb 26 2020 - 12:30

Move to open US store blamed for collapse of Orla Kiely firm

Company foundered in 2018 with debts of £7.25 million

Mon Oct 28 2019 - 18:04

Lloyds Bank fails to pass on wills of 9,000 deceased customers

Assets of dead were distributed to wrong people

Mon Oct 28 2019 - 15:25

Bank of Ireland sells €300m of debt on second attempt

Rival AIB sold €500m of junior bonds last week

Mon Oct 07 2019 - 11:41

Metro Bank shares surge on bond sale success

Bank pays higher yield than for previous pulled issue as founder chairman signals departure

Wed Oct 02 2019 - 17:26

Falling euro boosts European shares, as Wall Street makes gains

Providence Resources rose 0.33% after plan approved to sell new shares to raise $3.76m

Mon Sept 30 2019 - 19:50

Banks push Iseq higher even amid heightened Brexit uncertainty

‘Performance of UK economy will remain below-par until Brexit issue is resolved’

Tue Sept 24 2019 - 21:52

Metro Bank finance director joins Revolut as fintech rewards influencers

Fintech reportedly rewarding influencers who encourage people to join Revolut

Mon Jul 29 2019 - 19:09

Metro Bank shares dive after slide in profits

Chairman Vernon Hill to stand down once replacement is found

Thu Jul 25 2019 - 10:49

Metro Bank shares slide as investigations launched

Three US law firms looking into whether bank’s bosses took part in securities fraud

Thu May 30 2019 - 19:46

Risk appetite returns to market as trade war fears played down

Iseq underperforms peers and Paddy Power Betfair down 1% as name change agreed

Wed May 15 2019 - 17:25

European shares fall on trade fears over Chinese tariffs

Vodafone slides as Iseq index falls 1.5%, with industrial heavyweights hardest hit

Mon May 13 2019 - 19:33

Metro Bank shares down despite assurances on £350m share sale

UK lender starts ‘final discussions’ with investors about share sale

Mon May 13 2019 - 18:18

Metro Bank draws up plans to sell £1bn of its loans

Misreporting scandal causes share price to plummet

Sun May 12 2019 - 18:48

Orla Kiely retail administrators raise more than expected from stock sale

Goods sold through direct sales, a pop-up shop and auctions

Fri May 03 2019 - 18:09

European shares slump after Fed outlook, as Paddy Power Betfair slips

Bookie was the worst blue-chip performer in London as it skidded 5.4% on sports results

Thu May 02 2019 - 18:42

Signs of a potential thaw in US-China trade freeze buoy global markets

Iseq in Dublin rose 1.2%, helped by good performances from some of its heavy hitters

Mon Feb 11 2019 - 20:03

Strong US economic data buoys equity markets

Good day for Irish shares with Iseq overall index rising 1.08%

Fri Feb 01 2019 - 17:47

Investors focus on oil price increase and luxury-good makers

Ryanair, due to report third-quarter results on Monday, ends the day up 0.96 per cent

Wed Jan 30 2019 - 21:36

Metro Bank reveals riskier commercial loan portfolio

Bank issues profit warning after ‘soft’ end to 2018

Wed Jan 23 2019 - 20:09

Iseq higher but European shares sluggish on trade war concerns

Pillar banks end strongly after Davy report while CRH struggles on US construction data

Wed Jan 23 2019 - 18:15

‘Big Short’ investor bets against UK banks, predicting Corbyn will be PM

Steve Eisman says he expects big fall in UK market as a result of Brexit

Fri Dec 07 2018 - 08:49

Goldman Sachs and UBS back women in finance initiative

UK Treasury charter calls on companies to commit to targets for promoting women

Fri Mar 16 2018 - 15:24

Volatility continues to reign for investors, as Wall Street ends on positive note

European shares fell, while there was a rollercoaster finish to the week in the US

Fri Feb 09 2018 - 21:24