Opinion, Prudential, Regulation & Supervision

Metro’s dearth of data leaves PRA unimpressed

Image via Bloomberg

Founded in 2010 as a ‘challenger bank’ to compete against the UK’s high street giants, Metro Bank has a challenge of its own.  For the past five years, Metro has sought approval from the UK Prudential Regulation Authority to use internal models to compute capital requirements for its £7bn retail ...

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