Metro Bank boss handed record £2.6m after slashing 1,000 jobs

Dan Frumkin’s pay deal comes after bank’s near collapse and rescue by Colombian billionaireBusiness live – latest updatesMetro Bank’s chief executive has been handed a £2.6m pay packet – the largest in its history – a year after slashing 1,000 jobs in response to the lender’s near collapse.The figure is more than double the £1.2m that Dan Frumkin – a former RBS and Northern Rock banker – was paid in 2024. Metro pushed through the pay bump and complex bonus scheme for Frumkin at a shareholder mee...