![Colombian billionaire takes control of UK's struggling Metro Bank](/i/c/5aaae5e5-0800-f32d-d0e5-03f6585b228e.webp)
Colombian billionaire takes control of UK's struggling Metro Bank
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.
2023-10-09 16:57
![Metro Bank shares open 19% higher after funding deal](/i/c/05a89f9f-f0ef-ed5f-160d-8e392c681948.webp)
Metro Bank shares open 19% higher after funding deal
LONDON Shares in Metro Bank opened 19% higher on Monday, after the embattled British lender struck a fundraising
2023-10-09 15:19
![Embattled Metro Bank secures capital, Colombian billionaire Gilinski to take control](/i/c/cc5a0d94-51e2-f34c-f79b-3df2b6229757.webp)
Embattled Metro Bank secures capital, Colombian billionaire Gilinski to take control
By Iain Withers and Anousha Sakoui LONDON (Reuters) -Embattled British bank Metro announced a 325 million pound ($396.5 million) capital
2023-10-09 06:18
![Bank of England approached UK lenders to gauge interest in troubled Metro Bank- FT](/i/c/e9bbbe15-09b7-a3e2-cc1f-04d0e0af67da.webp)
Bank of England approached UK lenders to gauge interest in troubled Metro Bank- FT
(Reuters) -The Bank of England's Prudential Regulation Authority approached a number of big UK lenders this week to see if
2023-10-08 22:52
![Shares in this UK bank just plunged over 30%](/i/c/6966e04b-2c59-2696-d02e-bf52c7ebb578.webp)
Shares in this UK bank just plunged over 30%
Shares in UK lender Metro Bank sank as much as 31% Thursday following a report that it was urgently seeking to raise funds to shore up its finances.
2023-10-05 21:27