(Alliance News) - Metro Bank PLC could make a decision on its new boss as early as Tuesday, Sky News reported late on Monday.
Sky News said the lender, which has been dogged by financial problems over the past year, is under pressure from the City to make interim Chief Executive Dan Frumkin's role permanent.
Citing "an insider", Sky News said Frumkin was "likely" to be handed the role at a board meeting as early as Tuesday, though conceded this is not certain given Metro Bank's "unpredictable" decision-making.
https://news.sky.com/story/metro-bank-faces-pressure-to-hand-interim-chief-top-job-11936657
Shares in Metro closed 2.2% lower on Monday in London at 205.33 pence each, having been above 1,500p 12 months ago.
By George Collard; georgecollard@alliancenews.com
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Metro Bank (MTRO)