Beautiful Virgin Islands

Tuesday, Dec 10, 2024

Metro Bank fined £10m for publishing 'incorrect information to investors'

Metro Bank fined £10m for publishing 'incorrect information to investors'

The penalty will be paid by… the very same investors who are the victims, instead of sending the bank’s team to jail together with the regulator of protect them by fine instead of criminal trial. The case relates to figures it revealed to the City in 2018 which, the FCA said, the bank knew were “wrong” (crating, deliberately, In straightforward a English!).
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