Metro Bank shares fell on Monday after weekend social media postings led to cust...
LONDON - Metro Bank shares fell on Monday after weekend social media postings led to customer queues at some London branches, prompting the British bank to reassure depositors and investors.
Metro Bank has been battling to shore up confidence after a major accounting error in January wiped more than 1.5 billion pounds off its market value and forced it into a 350 million pound fundraising. Metro Bank shares, which were initially down nearly 9% on Monday, were down 3.2% at 0945 GMT, giving the lender a market capitalization of 520 million pounds, Refinitiv data shows.
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