DIRECTOR DEALS: Metro Bank boss Daniel Frumkin snaps up 1.85m shares in the lender for £1.1m By Daily Mail City & Finance Reporter Published: 21:50 GMT, 6 November 2020 | Updated: 21:50 GMT, 6 November 2020 The Arsenal-supporting boss of Metro Bank snapped up 1.85m shares in the lender. British-American businessman Daniel Frumkin, 56, who … Read more
Alcatel may not be one of the top mobile OEMs today but we can rely on the brand for coming up with new phones and tablets left and right. In partnership with TCL, Alcatel is able to deliver new mobile devices ideal for the whole family. Our last feature were three affordable tablets. Before that, … Read more
A Metro Bank customer lost £26,000 after a fraudster took advantage of compromised card details to scam him twice in what the bank described as a sophisticated social engineering scam. The man from Bedford, who did not wish to be named, said he was left checking his online banking ‘every five minutes’ after fraudsters accessed … Read more
Metro Bank joins the renewed current account bribe battle: It launches refer a friend bonus which could see existing customers earn up to £250 The bank will pay existing customers and up to five friends £50 each They must switch using CASS and pay in £500 for two months It is the second current account … Read more
Last December, the chief executive of the peer-to-peer lending platform RateSetter, Rhydian Lewis, described new rules designed to better protect casual investors in the sector as ‘a Darwinian process… that will lead to a stronger industry’. But just eight months later Lewis’ platform, one of Britain’s ‘big three’ in peer-to-peer investing, announced it had been … Read more
Metro Bank swings to a £240m loss as the troubled challenger bank is battered by the economic fallout from the pandemic By Alex Sebastian For This Is Money Published: 09:36 BST, 5 August 2020 | Updated: 09:38 BST, 5 August 2020 Metro Bank swung to a heavy loss in the first half of the financial … Read more
Despite Metro Bank’s tenth birthday just five months away, new chief executive Dan Frumkin didn’t appear to be in the mood for celebrations in late February. Given the job on a full-time basis just a week earlier, having run the bank on an interim basis since January, one of his first acts was to detail … Read more
We’ve been humbled by crisis at Metro Bank, bosses finally admit after accounting error that sent shares crashing By Lucy White For The Daily Mail Published: 00:00 BST, 22 May 2019 | Updated: 11:42 BST, 6 June 2019 Metro Bank’s boss said he feels ‘humbled and chastened’ after an accounting error wiped more than £1billion … Read more
Did you ever think you’d see the day when a Mini Metro, Fiat Panda or Vauxhall Astra would be classed as a classic car? However, under Vehicle Excise Duty (VED) rules, any car that’s over 40 years old is deemed ‘classic’ and owners are exempt from having to tax them each year. And guess what … Read more
Metro Bank has come under fire for not introducing a new fraud prevention scheme, despite last year signing up to a code which said banks ‘should’ bring it in. The bank, which launched a decade ago, said it had ‘no current plans’ to implement a system called Confirmation of Payee, designed to alert anyone making … Read more