From “Nasdaq”:

Metro Bank’s chief financial officer, James Hopkinson, will be leaving in the first quarter of 2024, with no explanation provided. In response, Cristina Alba Ochoa will act as interim CFO starting January 15th while the company seeks a permanent replacement. The British lender has experienced numerous setbacks, including accounting errors, leadership departures, and delayed regulatory approvals. In October, Metro Bank announced a 325 million pound capital raising and 600 million pound in debt refinancing. In November, cost-cutting plans were unveiled. A critical response elicited urgent negotiations to bolster the bank’s balance sheet. ($1 = 0.7836 pounds)



Read more: Metro Bank CFO Hopkinson to step down