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Metro Bank Plunges on Misclassified Assets, Capital Concern

Bank Innovation

Metro Bank Plc fell the most since going public after applying an incorrectly low-risk weighting to parts of its loan book, with the British lender’s chief saying he doesn’t know how long the mortgages in question had been wrongly classified. The shares plunged as much as 34 percent Wednesday and the bank’s bonds also fell […].

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Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. Those Metro stores that Alibaba reportedly wants still seem to have some life left in them. Metro reported that same-store sales in Asia rose a currency-adjusted 7 percent to €1.04

Metro 148
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Singtel Adds Payment Options To Dash; Metro Bank Upgrades Mobile App

PYMNTS

In addition, PUC Berhad is teaming up with Revenue Group Berhad for online-to-offline (O2O) payments in Malaysia , and the United Kingdom’s Metro Bank is upgrading its mobile app to bring mobile payments to over 38 nations. Coverage includes Singapore’s Singtel rollout of international payment options in its Dash mobile app.

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Things worth reading: 31st May 2019

Chris Skinner

Things we’re reading today include … Monzo apologises for bank transfer problems HSBC Plans Hundreds of Investment Bank Job Cuts Revolut is the most complained-about small online bank Metro Bank shares slide as fraud investigations launched Raphaels Bank fined £1.9m

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Things worth reading: 13th February 2020

Chris Skinner

Things we’re reading today include … Banking in the new decade – profitability will remain a challenge: EY Barclays to be first big British bank to report since Brexit Barclays online banking down Metro Bank Chief Risk Officer exits following latest shakeup at the top Can the UK and EU … The post Things worth reading: 13th February (..)

Metro 260
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Perficient’s Bright Paths Program Welcomes 25 Women to Tech in Detroit

Perficient

Today, Perficient colleagues are excited to welcome 25 new women to the tech industry as the first Perficient Bright Paths training program kicks off at an online pop-up campus in Detroit! Perficient is proud to help #ChangeTheRatio in Detroit. BONUS: What Perficient Leadership Says About Driving STEM Education and Career Opportunities.

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Track the Triad to Tria(d)ge

Perficient

He had totally forgot about the cheque till he opened the newspaper for a read in the metro. Me: Uncle, does your bank have an online customer care system? Guess what – he did so many things at the bank and on the way back he visited his favorite book shop, had coffee at a café. To his dismay, he could not find the cheque.

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