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Metro Bank Struggles To Find A Buyer

PYMNTS

challenger financial institution Metro Bank is struggling to find a buyer as potential suitors are turned off by the bank’s expensive business model, the Financial Times reported Friday (Dec. ’s M&A market and encourage investors to reconsider their interest in Metro Bank. could ramp up the U.K.’s

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RBS Fund Takes Back £50M From Metro Bank

PYMNTS

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout fund, according to a report. Three banksMetro, Starling and ClearBank – were collectively given £280 million from the RBS bailout fund last year.

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Metro Bank Founder Fully Resigns Amid Accounting Scandal

PYMNTS

The ongoing fallout from an accounting error at Metro Bank will now see Founder Vernon Hill completely exit the group after previously announcing he would remain on the board. 2) said Hill has announced he will resign from the board of director by year’s end, meaning he will fully depart from the bank. 31, reports noted.

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Things worth reading: 5th March 2020

Chris Skinner

Things we’re reading today include … Digital bank Starling to create 400 jobs in Cardiff Metro Bank ousts risk officer a fortnight after he joined ailing lender Michael Sherwood joins Revolut board Regulatory equivalence with EU could risk US deal China’s Ant Financial takes stake in Sweden’s Klarna Can the … The post Things worth (..)

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. As part of the realignment, select branches of Popular Bank will be consolidated, resulting in 11 branch closures. New York Metro. 917) 679-3596.

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UK’s Starling Bank Seeks Government Grants To Build New SMB Offerings

PYMNTS

The new funding had become available after two banks that had been granted funds at first — Nationwide and Metro Bank — returned £100 million overall. Starling Bank Chief Executive Anne Boden started Starling Bank in 2014 as a completely digital bank and today it counts more than 1.4

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Bank of the West Adds ATMs for Young Customers on the Move

Bank Innovation

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. The San Francisco-based bank said it has tripled the number of cash access locations for its customers in Denver, to 151, and nearly quadrupled the number of those locations […].

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