Metro Bank cuts back growth plans after plunge into the red
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LONDON (Reuters) - Metro Bank shares tumbled on Wednesday after the bank plunged to a full-year loss of 131 million pounds ($170 million) and scaled back growth plans, capping a year dominated by an accounting scandal that forced its top bosses to quit.The British company was set up a decade ago as one of a handful of banks aiming to challenge the dominance of Lloyds Banking Group and Royal Bank of Scotland , but investor faith in its costly business model has all-but evaporated.Metro Bank's..