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Vernon W. Hill II (born August 18, 1945) is an American businessman, the founder and former chairman of Metro Bank, a UK retail bank with 77 stores, [1] and assets of £7.4b ($10.6b). He was also the founder, former chairman, president and CEO of Commerce Bancorp of Cherry Hill, New Jersey , and chairman of pet insurance firm Fetch Inc.
Shares of Metro Bank fell nearly 30% as investors continued to dump the stock amid concerns over the quality of its residential mortgage loans.
Metro Bank shares have now fallen by over 85% since their peak in January. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
Metro Bank PLC is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. [2] At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. [ 4 ]
Commerce also contracted with entities controlled by Vernon Hill and his family for interior design (InterArch, owned by Vernon Hill’s spouse) and real estate (Vernon Hill was a personal investor in Commerce’s rent-generating properties; and his son earned brokerage commissions when his private firm found properties for new Commerce branch ...
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In 2008, the bank shifted from commercial banking to retail banking. In 2016, the bank named Commerce Bank founder Vernon Hill as chairman. [ 1 ] In 2016, Republic Bank operated 20 locations in Pennsylvania and New Jersey .
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