34.15p+1.20 (+3.64%)26 Apr 2024, 18:10
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.AJ Bell logo

Metro Bank Holdings PLC Shares News & Articles

It's not just Metro Bank - nearly all challenger banks have been poor investments

Financial services group Metro Bank (MTRO) has survived another crisis after agreeing a £925 million rescue package yet question marks remain about its future.Metro Bank was the highest profile of the challenger banks which emerged in the wake of the financial crisis promising to shake up high street and commercial banking.In theory, because they were not saddled with crisis-ridden balance sheets

Metro Bank shares rally as investors bet £925 million refinancing will reduce risk

Biggest shareholder to own more than 50% of bankEquity and bond holders face painShares jump in value by a quarterShares in financially-challenged lender Metro Bank (MTRO) jumped 25% to 57p after the firm announced it had secured an agreement for a significant cash injection including £150 million of new equity capital.Investors chased the stock higher in the hope today's news will secure its imm

Soggy UK growth puts FTSE 100 under pressure; Croda strikes $1 billion chemicals sale

Disappointing UK growth figures put a spanner in the works for the FTSE 100 in early trade on Wednesday, defying expectations that Tuesday's rally would continue. The benchmark index around 0.3% to 7,277.92 but the falls remain marginal, so far.Gross domestic product in the world's fifth-biggest economy increased 1.1% in the third quarter to the end of September, weaker than a preliminary estimate

Volatile FTSE 100 closes higher on bumpy day; Lloyds latest bank to resume dividends

The FTSE 100 endured a bumpy ride on Wednesday, reversing morning declines to finish the day higher as optimism gathered on ending lockdown restrictions in the coming weeks and that the summer tourist season may be saved if the planned timetable is met.Fears of a return of meaningful inflation pushing interest rates higher had weighed on investors early on, with the strong pound also hitting expor
Showing 1 to 20 of 84