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November 29, 2015 4:28 AM ET


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


44 20 3402 8312


44 20 7449 9009

Key Executives for Metro Bank PLC

Chief Executive Officer
Founder and Chairman
Age: 69
Chief Financial Officer
Chief Operations Officer
Managing Director of Commercial Banking
Compensation as of Fiscal Year 2015.

Metro Bank PLC Key Developments

Metro Bank Eyes IPO

Metro Bank PLC is considering scrapping its long-awaited initial public offering (IPO) next year in favour of more rounds of private fundraising. Metro Bank said in its third quarter results announcement last week that it "continues to target" a listing for next year. But Vernon Hill, Founder and Chairman of Metro Bank, appeared to row back on that plan over the weekend, saying that he was going to "test the waters" and find out whether current investors were more supportive of further capital-raising or an IPO. "We're looking at raising capital next year. We've raised capital four or five times already and we're not sure exactly what form it will take, but it should happen next year," Hill told the Sunday Telegraph. "I need to go around and talk to people that own the stock now, and see whether they're more interested in another round of private or to do a float, we just have to test the waters," he added.

Metro Bank Reportedly Seeks Financing

Metro Bank Plc appointed Michael Snyder to its board and hired investment banks as it targets an initial public offering valuing the company at more than 1 billion pounds, a person with knowledge of the matter said. Metro Bank hired The Goldman Sachs Group, Inc. (NYSE:GS),Merrill Lynch, Pierce, Fenner & Smith Incorporated and Royal Bank of Canada (TSX:RY) to handle a share sale next year, people familiar with the matter said.

Metro Bank Names Julie Barnsley as Head for Private Banking

Metro Bank has announced that it has named a head for private banking services. The bank said that it has named Julie Barnsley to the position with the hope that the move will help to attract more wealthy customers to the bank.

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