Metro Bank Share Discussion Threads

[thomas4billing] 26/10/2020 13:33

Except if FULL control for an agreed TO plan ...Patience will win

[thomas4billing] 26/10/2020 13:00

IMO, very last week before MTRO goes North... !- New deal maker Chairman on board from next week and positive news to welcome him scheduled ?- Brexit to be sorted this week with a deal or No-deal and market needs clarification whatever direction- BOE may then clarify position for small banks

[cantrememberthis2] 24/10/2020 09:01

Now is this the reason why Metro Bank have eroded their Capital + Buffer position?

Not purely down to losses but increase in Risk Weighted Assets? Is this why Goldman Sachs in the boat too?

So we have a halt to business applications.
A halt to mortgage brokers for new lending...

More DEMAND than ever?

This could be very critical!

ENJOY



Metro Bank this week temporarily halted registrations from new brokers looking to send clients to the lender, to allow it to process its existing workload. Dan Frumkin, Metro’s chief executive, said: “We’re continuing to see exceptional demand in the mortgage market.” 

[ball deap] 23/10/2020 23:56

They have powerful friends, I see 500 Pence share price in 12 months, just hold tight.

[cantrememberthis2] 23/10/2020 21:35

IRRESPONSIBLE or GIVING SOME INDICATION?

Question

How irresponsible is it for a CEO of a mid size, £22bn asset bank to know the may fall below capital+buffers requirement position of 20.5% of Risk Weighted Asset?

I mean thats abit like going overdrawn on my bank account but below my AGREED level of say £500.00 and saying yeah the I know ill go overdrawn to £550.00 but hey the bank knows....

I think this seems GROSSLY irresponsible and they should have raised capital or sold assets EARLY JULY 2020 ie 3 months BACK than to so told you we would?

What the ....

[jamesdyson] 23/10/2020 18:14

Agree Eku
There is no incentive for the government to press this. The ping-pong back-and-forth suits them, sprinkle in some blame game and this could go on for another year as we’ve seen over the last 10 months.

[ekuuleus] 23/10/2020 18:02

A deal would help both sides but eu doesn't want uk to succeed. It needs to stop other countries wanting to leave.


That leaves a fairly predictable no deal outcome. The fly in the ointment is the civil service we have. In terms of the tories not being great for the last 40 years, I'd say the same of the labour. But I'd blame an overly powerful civil service guiding the leaders.

Nice cushy service job with very little actual work. Why rock the boat. This brexit lark means doing some real work. How dare the plebs.

[spartan attack] 23/10/2020 17:42

Aus terms will do

Then they can come begging

[jamesdyson] 23/10/2020 17:38

Eku LOL
That was actually pretty funny. I agree with France needing to be an ally, but you’re up against Mister Macron and his 18 egos. Young and wants to impress the world.
Not the easiest recipe for negotiating.

Ultimately, we do need a deal with the EU.

[ekuuleus] 23/10/2020 17:38

The EU treats the uk with utter contempt. We must render our work with europe. Europe keeps it work.

Take passports. French can print uk passports. French passports, sorry security risk for uk to print them.

Steel subsidies, oh eu paid out to build ew factory in eastern europe. UK, sorry not allowed to help our own industry. I fact uk steel got hit with additional carbon charges.

[ekuuleus] 23/10/2020 17:35

The point James, is that france is supposed to be a friend and an ally. They have already threatened to keep fishing regardless. They tell immigrants they will get far more in britain. I wouldn't be surprised if the french government buy the dingies.

[ekuuleus] 23/10/2020 17:31

Shhush james. I'm loading up the tunnels below parliament...

[spartan attack] 23/10/2020 14:30

I’d lease rights to them for 35 billion

A scaling down deal at the speed of which uk fishing industry rebuild

[ekuuleus] 23/10/2020 14:30

France sold exocet missiles to Argentina. We should sink some french boats and return the favour.

[jamesdyson] 23/10/2020 13:57

Brits haven't got a clue on negotiation here with Brexit.
Zero plan from day one and the whole Brexit debacle - whether you're for or against it - was based on fraudulous statements sold to the public. An absolute fraud.
Now Metro, make us some money will ya.