Metro Bank, the first new high street bank in the UK for 100 years, has listed on the LSE with a market capitalisation of £1.6bn similar to that of CYBG which listed in the previous month.
Craig Donaldson, CEO, who studied at the University of Bradford, remarked that the first branch opened less than six years ago in London's Holborn.
Vernon Hill is the American business behind Metro Bank and author of "Fans not Customers".
He is often quoted in his views on regarding banks as being in the retail business, rather than the banking business, and is a critic of "shadow banking systems" (in other words, banks or financial intermediaries that operate outside of banking regulation).
Craig Donaldson, CEO, who studied at the University of Bradford, remarked that the first branch opened less than six years ago in London's Holborn.
Vernon Hill is the American business behind Metro Bank and author of "Fans not Customers".
He is often quoted in his views on regarding banks as being in the retail business, rather than the banking business, and is a critic of "shadow banking systems" (in other words, banks or financial intermediaries that operate outside of banking regulation).
