Cohen-backed Metro Bank Defies Brexit Uncertainty With Pledge To Double In Size

Metro Bank has defied uncertainty brought about by Britain’s vote to leave the EU and stuck to its guns on growth targets, reiterating Wednesday a pledge to double in size by 2020. The upstart lender, who counts Steve Cohen’s Point72 Asset Management as its largest shareholder, reported its second quarterly profit against a backdrop of overarching economic uncertainty and said that it has seen no significant change in customer behaviour since the U.K voted to leave the European Union in June last year.