Metro Bank: What's going on and is my money safe? - BBC
WEBNov 30, 2023 · Metro Bank has revealed plans to cut more than 850 jobs and shorten its opening hours. The lender has faced a number of challenges in recent years after an accounting scandal in 2019, which led...
Metro Bank revives £3bn mortgage sale after investor bailout - Sky News
WEBJul 8, 2024 · Metro Bank is reviving plans to offload a multibillion pound mortgage months after an investor bailout rescued it from the brink of collapse.
Metro Bank has a limited future, claims co-founder - BBC
WEBOct 10, 2023 · Metro Bank faces a "limited future" if it continues with its strategy of focusing on High Street branches, the co-founder of the bank has said.
Metro Bank strikes late-night rescue deal - BBC News
WEBOct 9, 2023 · Metro Bank has struck a deal to raise extra funds from investors that it said will secure its future. The deal was announced late on Sunday after days of intense speculation about the...
Colombian billionaire takes control of Britain’s struggling Metro Bank
WEBOct 9, 2023 · Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender’s finances.
What is happening at Metro Bank? What customers need to know
WEBOct 9, 2023 · Metro Bank has been saved from going under after a £925 million package was given from investors on Sunday. Backers pledged £600 million of debt refinancing, as well as a £325 million capital...
Metro Bank explores raising up to 600 million pounds, sources say
WEBOct 4, 2023 · Metro Bank is exploring options to raise as much 600 million pounds ($728 million) in debt and equity financing, people familiar with the situation said on Wednesday, as it works to bolster its...
Metro Bank Triples Interest Rates to Draw Customers After Rescue
WEBNov 15, 2023 · Metro Bank Holdings Plc more than tripled the interest rate it’s paying on customer deposits, boosting efforts to attract funds roughly a month after a £925 million ($1.2 billion) rescue deal....
Metro Bank shares surge after it confirms takeover approach ... - Sky News
WEBNov 5, 2021 · Shares in Metro Bank have risen by nearly a third after it disclosed that it had received a takeover approach from US private equity giant Carlyle.
Troubled Metro Bank kicks off £3bn mortgage book sale - Sky News
WEBOct 5, 2023 · Metro Bank has kicked off talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its fragile balance sheet.