PRA fines Metro Bank £5.4M for reporting and controls failures
The PRA has imposed a fine of £5,376,000 on Metro Bank plc of for failures related to regulatory reporting.
The PRA has imposed a fine of £5,376,000 on Metro Bank plc of for failures related to regulatory reporting.
Carlyle and Metro Bank have agreed to terminate discussions regarding a possible offer for the company.
Metro Bank confirms that it has received an approach from funds affiliated with The Carlyle Group regarding a possible offer.
Sir Michael Snyder will step down as Senior Independent Director and Non-Executive Director of Metro Bank.