FCA also penalises two of challenger bank’s former top executives
The City regulator has fined Metro Bank and its two of its former top executives more than £10m for misleading investors.
Metro Bank would pay £10m, while the former chief executive Craig Donaldson and former chief financial officer David Arden would fight fines of £223,100 and £134,600 respectively, the Financial Conduct Authority (FCA) said on Monday.
FCA also penalises two of challenger bank’s former top executives The City regulator has fined Metro Bank and its two of its former top executives more than £10m for misleading investors.Metro Bank would pay £10m, while the former chief executive Craig Donaldson and former chief financial officer David Arden would fight fines of £223,100 and £134,600 respectively, the Financial Conduct Authority (FCA) said on Monday. Continue reading…
