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Metro Bank appoints MD for commercial banking

Metro Bank has appointed Mark Price as managing director of commercial banking.

Price joins from Barclays where his last role was managing director at Barclays Commercial Bank, South.

He says: “Businesses, small and large, are the lifeblood of our economy and deserve a better banking experience.  We will offer local lending to local businesses – with lending decisions based on their relationship with Metro Bank.  

“Whether the goal is working capital, commercial mortgages or expansion funding, Metro Bank can help businesses in a number of ways.”




Lending in an age of uncertainty

Next year is going to be another tough one in the industry, according to the movers and shakers at a recent round table hosted by HML in London. The consensus was that we need more lenders to do more lending and the regulator needs to create an environment to facilitate this. By John Murray

Leader: Shapps wakes up to MMR

It’s taken a while but the housing minister Grant Shapps last week finally broke his silence about the Mortgage Market Review. Forget the millions of hard-working Brits who would be unable to get on to the housing ladder, what seems to have spurred his interest is the simple act of realising that he himself wouldn’t […]

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People do not share in Bank’s optimism

At the Bank of England’s regional quarterly inflation briefing this month, the picture was one of cautious optimism. We’ve had four quarters of growth now – albeit small. The Bank believes that recovery is set to accelerate and continue in line with historic growth levels. But I’m more sceptical. With the threatened government job cuts, […]


Paragon Group cuts its defaulting loans by 40% as arrears improve

Paragon Group has cut the amount it sets aside for defaulting loans by more than 40% as it sees improving arrears rates. In its results for the year ending September 30 2010, Paragon Group – parent of Paragon Mortgages – last week revealed it has reduced its charge for impairment provisions to £39.2m, which is […]


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