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Keith Carby joins Metro Bank

Former Openwork chief executive Keith Carby has been appointed as a non-executive director of Metro Bank.

In addition to Carby, the lender has also appointed Stuart Bernau, formerly retail director at Nationwide Building Society.

Former Conservative Party deputy chairman and Panmure Gordon director Howard Flight, Ben Gunn, previously chief executive of Friends Provident Life and Pensions and former Mastercard International chief executive and Midland Bank director Gene Lockhart.

The lender is believed to be very close to obtaining a licence from the regulator, having applied for one in early 2008.

It is hoped the licence will come through in time for the bank to launch in Q1 2010.

In an interview with The Daily Telegraph, Anthony Thomson, Metro’s vice-chairman, reveals that the bank intends to float on the stock market or conduct another private fundraising by its third year of trading.

It plans to initially open 20 branches, including sites in Borehamwood and Fulham Broadway this year, and eight more in 2011.

Metro envisages 200 branches, all in Greater London, by 2020, reports the Telegraph.




The Wriglesworth Consultancy crew attempt the Vertical Rush 2010 challenge Can you put the boot in to your nearest and dearest to win this super-stylish pen? Submit a witty caption for the photo above and you will be automatically entered into our prize draw. Remember, the funnier it is, the more likely you are to […]

Ads leave clients in the dark about lack of advice on offer

On the subject of advice, I feel companies that advertise by mailshot or on the internet encouraging consumers to contact them by phone or via the web should make it clear that they are not offering any advice. I believe consumers do not understand the implications of not taking advice. Prescriptive medicine is not dangerous […]

Net lending is up at Woolwich but gross figures fall

Woolwich increased its net mort-gage lending by £5.7bn in 2009, but its gross lending fell by £8bn, its annual results revealed last week. It saw new mortgage lending rise by £5.7bn to £88bn in 2009, compared to £82.3bn in 2008. Gross new mortgage lending was down to £14.2bn in 2009, from £22.9bn in 2008. Barclays […]

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The lucky ones

By Denise Wond, Marketing Relationship Manager, Royal London Do you consider yourself lucky? I don’t; I never seem to win a prize in the raffle, if there’s a cancelled train it’s usually the one I’m meant to be on and don’t start me on last year’s holiday. On the other hand, when I think about […]


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