Metro Bank has rejected takeover approaches from Shawbrook as recently as last month, ahead of news the lender is weighing several options to shore up its balance sheet.
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Metro Bank Eyes Selling Part of Mortgage Portfolio to Raise Cash - BNN BloombergMetro Bank Holdings Plc is weighing offloading a portion of its mortgage portfolio to rivals as it looks to strengthen its finances and shore up confidence in its shares.
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Metro Bank Bondholders Made £600 Million Funding Offer, FT Says - BNN BloombergA group of Metro Bank Holdings Plc’s bondholders approached the lender on Monday with a £600 million ($730 million) funding offer, according to the Financial Times.
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Bondholders offer Metro Bank capital injection of 600 million pounds - FTitemprop=description content=Market News
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Metro Bank’s Hectic Week Came After Months of Slow-Burn Concern - BNN BloombergLong before this week, executives inside Metro Bank Holdings Plc were fixated on an impending cliff edge for the challenger bank’s funding.
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Bondholders offer Metro Bank capital injection of 600 mln stg - sourceitemprop=description content=Market News
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