Wall Street falls, European shares rise as investors digest Ukraine peace efforts
Declines in Nvidia and other heavyweight AI stocks pull New York indices down
Metro Bank
The bank that loves branches – and, no, it’s not in great financial shape
Planet Business: Starmer merch, Apple’s obsolete watches and the first solo female winner of the Nobel prize for economics
Metro Bank barely survives problems of its own making
United Kingdom lender secures new capital to ease immediate peril, with few signs of a wider crisis
Metro Bank agrees €1bn financing package with investors
Challenger bank announces a £325m capital raise and £600m of debt refinancing
European shares rise as mining and oil stocks lead gains
Bank of Ireland, Deutsche Bank and Spotify among the fallers
Metro Bank’s annual loss narrows but lender remains cautious
Bank has set aside £5.3m to resolve investigation by financial regulator
OnlyFans founder blames banks for porn ban
Tim Stokely says Bank of New York Mellon ‘flagged and rejected’ all interbank wires linked to website
Solid earnings boost European stocks as ECB leaves rates unchanged
Banks lead Iseq higher as Ryanair, Glanbia and Cairn Homes also gain
Administrators of Orla Kiely licensing arm due to secure extra royalties
Royalties settlement of £120,000 have been obtained in the most recent reporting period
European shares rise on strong German economic data
Ryanair and other travel stocks advance as investors look to easing of Covid-19 crisis
Orla Kiely administrators call in lawyers to pursue creditor claims
Kiely and husband Dermott Rowan served as directors when business collapsed in 2018
Metro Bank shares plummet after lender unveils costs cuts
The bank reported a pretax loss of £130.8m as it wrote off technology projects
Move to open US store blamed for collapse of Orla Kiely firm
Company foundered in 2018 with debts of £7.25 million
Lloyds Bank fails to pass on wills of 9,000 deceased customers
Assets of dead were distributed to wrong people
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Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
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