kingdom: And though Hill unquestionably has shaken up the United Kingdom's banking landscape since founding Metro Bank in London nine years ago, he is now under fire for a recent series of missteps that some say could lead to his ouster as the bank's chairman, according to The Guardian. The bank is being investigated by British regulatory agencies for mistakes it made in risk-weighting commercial mortgages at the same time it has fallen out of favor with investors for its overreliance on residential mortgage lending and its decision to continue investing heavily in new branches. Hill, long known as an innovative retail banker, famously clashed with U.S. regulators more than a decade ago before being forced to resign as head of Commerce Bank in Cherry Hill, N.J. His next gig took him across the Atlantic and had all the makings of a big comeback story. Meanwhile, investors are frustrated that Hill continues to do business with his wife's architectural firm a dozen years after that relationship got him in trouble with U.S. regulators when he ran Commerce. With Metro's shares down by roughly one-third over the last six weeks and by more than 80% since this time last year calls for Hill's removal as chairman are getting louder. Commerce was sold to TD Bank in 2008.
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