July 10, 2014 5:58 AM ET

Banks

Company Overview of Metro Bank PLC

Company Overview

Metro Bank PLC provides community banking services. The company offers personal banking products and services, including current and savings accounts; residential mortgages; credit cards, overdraft, personal loans, and professional student loans; and money machine and safe deposit box services. It also provides business banking products and services, such as bank accounts; deposit accounts, including business instant access, money market, business fixed term, client premium, and term deposit accounts; business overdrafts, business credit cards, small business loans, and business loans; SME finance; safe deposit boxes; cash management services; not for profit banking services; partnership ban...

One Southampton Row

London,  WC1B 5HA

United Kingdom

Founded in 2007

Phone:

44 20 3402 8312

Fax:

44 20 7449 9009

Key Executives for Metro Bank PLC

Chief Executive Officer
Founder and Chairman
Age: 68
Chief Financial Officer
Chief Operations Officer
Managing Director of Commercial Banking
Compensation as of Fiscal Year 2014.

Metro Bank PLC Key Developments

Goldman Sachs Leads The Group To Acquire Kensington

The Goldman Sachs Group, Inc. (NYSE:GS) is leading a group of bidders seeking to acquire Kensington Mortgages Company Ltd. of Investec plc (LSE:INVP). The bidders include Paragon Group of Companies plc (LSE:PAG), Metro Bank PLC and Virgin Money plc. Investec has also hired Fenchurch Advisory to conduct an auction of Kensington.

Metro Bank Plc Plans Expansion

Metro Bank Plc announced that it has raised GBP 387.5 million from investors, which will be used for its planned expansion. The bank opened its 25th branch in Milton Keynes on January 17, 2014, is planning to open up to 12 new sites in 2014, and creating an additional 500 jobs.

Metro Bank Delays Listing

Metro Bank PLC delayed plans to float on the London stock exchange until 2016. Vernon Hill, Chairman and Founder of Metro said that the bank had decided to postpone a stock market listing by a further two years to maximize value.

Similar Private Companies By Industry

Company Name Region
Commonwealth Bank of Australia (London) Europe
Williams & Glyn's Bank Limited Europe
DZ Bank AG London Branch Europe
Syndicate Bank, London Branch Europe
TSB Bank plc Europe

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 4, 2013
--
Merger/Acquisition
August 1, 2013
SME Invoice Finance Ltd.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Metro Bank PLC, please visit www.metrobankonline.co.uk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.