Metro Bank Holdings PLC - London-based retail bank with 76 stores - Admits it won t get approval this year from Bank of England s Prudential Regulation Authority for a reduction in its capital.
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The Bank of England (BoE)’s Prudential Regulation Authority (PRA) has hit Metro Bank with a £5.4m fine for failures in its reporting duty. Specifically, the PRA says the bank made four errors in its Commons Reporting. It says it failed to: take sufficient care to ensure that it complied with its obligations to make