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New bank ready to open in London within weeks

Metro Bank branches in London’s Earls Court and Holborn are ready to open within a few weeks, reports The Daily Telegraph.

It would be the first new high-street bank for more than 100 years.

The newspaper says, however, that Vernon Hill, the entrepreneur behind the bank, has yet to secure a licence from the Financial Services Authority to operate here.

01/02/10 Daily Telegraph 12

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