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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 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 ]
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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 ...
Metro Bank plc — is a retail and commercial bank headquartered in London. It was founded in 2010 by Anthony Thomson and Vernon Hill. Its acquisitions include SME Finance, and Retail Money Market Ltd. Metropolitan Water Board — was a state owned utility company supplying water and dealing with sewage. It operated from 1903 to 1974.
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