(Reuters) Metro Bank’s founder Vernon Hill will step down as chairman, the British lender said on Wednesday, as it reported customers had pulled 2 billion pounds ($2.5 billion) out of the lender this year following a major accounting error in January. The bank, which muscled onto Britain’s high streets in 2010, also posted an 84 percent fall in half year profit and said it had sold a 521 million pound portfolio of loans to hedge fund Cerberus to bolster its finances.
Metro Bank Profits Dive, Chairman to Stand Down
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