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Published 1 year ago

Metro Bank, former top bosses fined over reporting error

Summary by Reuters
British challenger bank Metro and two of its former executives have been slapped with fines by regulator the Financial Conduct Authority, over reporting errors that wiped hundreds of millions of pounds off its share value in 2019.

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The GuardianThe Guardian

Metro Bank fined £10m for misleading investors

FCA also penalises two of challenger bank’s former top executives

1 year ago·London, United Kingdom
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The IndependentThe Independent

Metro Bank fined £10m for giving investors false information

Two of the bank’s former bosses, chief executive Craig Donaldson and chief financial officer David Arden, have also been given individual fines.

1 year ago·London, United Kingdom
Read Full Article
ReutersReuters

Metro Bank, former top bosses fined over reporting error

British challenger bank Metro and two of its former executives have been slapped with fines by regulator the Financial Conduct Authority, over reporting errors that wiped hundreds of millions of pounds off its share value in 2019.

1 year ago·United Kingdom
Read Full Article
Irish IndependentIrish Independent

Metro Bank fined £10m for giving investors false information

Metro Bank has been fined £10 million by the UK’s financial regulator for knowingly publishing incorrect information to investors in 2018.

1 year ago·Ireland
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The TelegraphThe Telegraph

Metro Bank fined £10m for publishing incorrect information

City watchdog also fines former chief executive and former finance chief

1 year ago·London, United Kingdom
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Shropshire StarShropshire Star

Metro Bank fined £10m for giving investors false information

Two of the bank’s former bosses, chief executive Craig Donaldson and chief financial officer David Arden, have also been given individual fines.

1 year ago·Ketley, United Kingdom
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