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FSA grants licence to Metro Bank

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03-07-2010, 06:24 PM

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FSA grants licence to Metro Bank

City watchdog, the Financial Services Authority (FSA), has granted a banking licence to Metro Bank - which is set to become Britain’s first new high street lender for more than a century.Metro Bank, which is backed by US billionaire and former Commerce Bank owner Vernon Hill, is planning to open two branches in central London [...]

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