* IPO expected in first half of next year * Founder expects bank to make first profit next year * Expects businesses to account for 60 pct of lending (Adds comments from chairman and founder Hill) By Matt Scuffham LONDON, July 23 (Reuters) - New British lender Metro Bank
Read moreLONDON, July 23 (Reuters) - New British lender Metro Bank said its total lending grew to over 2 billion pounds ($3.13 billion) at the end of June, nearly double what it was a year ago. Founded by U.S. entrepreneur Vernon Hill, the bank has been championed as an alternative to Britain's 'big
Read moreLONDON, July 23 (Reuters) - Britain's financial regulator said it will introduce new measures to make it easier for customers to switch cash savings accounts to different banks following a review of competition in the industry. The Financial Conduct Authority also said it will introduce a s
Read more(Adds Lloyds Bank Commercial Banking,) July 22 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. WELLS FARGO & CO The financial group said Perry Pelos, executive vice
Read more(ShareCast News) - Weak guidance and earnings from global tech giants Apple and Microsoft together with renewed heavy falls in the commodity space dragged on the top flight index. The FTSE 100 skidded lower by a hefty 1.5% or 101.73 points to reach 6,667.34, while the FTSE 250 ended the session down
Read more(Clarifies that Howe was foreign minister when he resigned) By Guy Faulconbridge LONDON, July 22 (Reuters) - If there is a symbol of British ambivalence to Europe then it may be the euro itself. The capital of euro trading prospers outside the euro zone, but London's dominance o
Read moreJuly 22 (Reuters) - Barclays Plc said it named Alexander Harrison head of corporate banking for Asia to grow its business in the region. Harrison, who joined Barclays in 1998, will relocate to Singapore from Dubai and will report to Matt Tuck, Barclays head of global corporate banking, the
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