Metro Bank has work to do to improve governance

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Investors have called on the bank to improve its governance following accounting errors that hurt its capital position in January. Since the revelation of the error, Metro Bank has taken several steps to fix the issues, however there are still several unaddressed issues including the composition of the board. Data comparing the 10 largest bank in the UK showed that Metro Bank had the lowest refreshment rate.

The Financial Times, Nicholas Megaw and Patrick Jenkins, March 20th 2019