UK 00:25 Monday, 28 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I see this morning that the interim CEO of Metro Bank (MTRO), Dan Frumkin, has been given the job on a full-time basis. Well good luck to him! As I have detailed for much of the last two years (and most recently here), the company is a complete dog with risk control issues, write-downs, business reversals and a surprise money raising...all ultimately resulting in a bunch of senior management (including the Founder) exits. And, as I said at the link above, 'all it needs to do now is find someone desperate enough to work there, ideally with a winning strategy...actually that may still be Mission Impossible'…
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