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Metro Bank Attracts Banking Heavy Weights to new Commercial Team
Metro Bank has today launched a specialist Large Commercial Banking team focused on supporting trading businesses, and staffed by a team of industry experts.
Andy Veares, Director of Large Commercial Banking, will lead the new department and is joined by Paul Robinson and Simon Vallance, previously of Santander UK; and Mark Byrne and Andrew Cremin formally of Lloyds Banking Group. All four have been appointed as Commercial Banking Directors.
The 10-strong team will focus on those companies with a turnover above £10 million and debt in excess of £3 million and will be able to support organisations with all their day-today banking requirements, including management buy-ins and outs, as well as asset purchases.
Andy Veares, Director of Large Commercial Banking at Metro Bank said: “We’ve seen unprecedented demand for our commercial banking services over the past year, particularly from larger organisations who are looking for traditional relationship banking, delivered by experienced commercial bankers and under-pinned by state-of-the art technology. We’re providing customers with a true banking alternative.
“I’m delighted to welcome Paul, Simon, Mark and Andrew to the growing team. Their wide-ranging expertise, coupled with the bank’s commitment to ‘no stupid bank rules’ will enable us to provide customers with a superior banking experience geared around their needs. They will each play a valuable role not just in the team, but in the direction of our commercial bank, and I look forward to working with all four of them.”
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SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
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The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
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