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Metro Bank Holdings PLC: Board Update

Metro Bank Holdings PLC: Board Update
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Board Update

Metro Bank Holdings PLC

Board Update 24-Apr-2024 / 16:25 GMT/BST

Metro Bank Holdings plc

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Board Update

Board Update
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Metro Bank posts smaller annual loss after last-minute rescue package

Since its launch in 2010, the company has faced a string of setbacks such as accounting errors, leadership departures and delayed regulatory approval for key capital relief. In the months that followed, Metro has announced sweeping cost-cutting plans, which would see it lay off 20% of its staff and axe some of its biggest customer perks including seven-day opening hours. ....

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