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Metro Bank CEO Receives Record £2.6M Pay Amid Profit Surge

4/16/2026

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Summary

Story summary

Metro Bank chief executive Dan Frumkin will receive the highest-ever £2.6 million pay package for 2025.
Pre-tax profits reached £87 million after job cuts and operational changes.
Shareholders approved a bonus scheme that could pay Frumkin up to £60 million based on future share prices.
Operational improvements included a 7% cost reduction and a focus on corporate lending.

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Story summary

Metro Bank chief executive Dan Frumkin will receive the highest-ever £2.6 million pay package for 2025.
Pre-tax profits reached £87 million after job cuts and operational changes.
Shareholders approved a bonus scheme that could pay Frumkin up to £60 million based on future share prices.
Operational improvements included a 7% cost reduction and a focus on corporate lending.