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…Â
