Tag: Metro Bank (LON:MTRO)

March 13, 2024 BY Simon Mugo

Metro Bank’s Loss Narrows As It Plans More Cost-Cutting Measures

Following a period of unstable trading conditions, the bank secured a financial lifeline through a £925 million ($1.18 billion) bailout in October. In response to these challenges, Metro Bank embarked on a series of austerity measures, including workforce reductions and eliminating several customer benefits, such as its seven-day-a-week banking service. The bank's efforts appear to…

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January 12, 2024 BY Simon Mugo

Metro Bank’s CFO Has Stepped Down Less Than 2 Years in the Role

The bank has confirmed that Cristina Alba Ochoa will assume the role of interim CFO starting January 15. Meanwhile, the search for a permanent replacement for Hopkinson is underway. Following this news, Metro Bank's shares opened 1.5% lower but later saw a smaller decline of 0.3% by 0910 GMT. The bank’s stock experienced a 69%…

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Berkshire Bank offers real-time payments with Finastra
December 10, 2018 BY Valentina Kirilova

Metro Bank releases international on-the-go payments

Retail banking company Metro Bank (LON:MTRO) announced that it has added to its mobile application international payments for both its personal and business clients. Metro Bank's mobile app uses Artificial Intelligence (AI) to generate tailored alerts and tips, thus enabling customers to get insights on their personal and business accounts and manage their funds more effectively. David Sosna, Co-founder…

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