Troubled Metro Bank kicks off £3bn mortgage guide sale
Metro Bank has kicked off talks in regards to the sale of a £3bn chunk of its mortgage guide as a part of an more and more pressing try and shore up its fragile stability sheet.Sky News has learnt that advisers to Metro Bank - which noticed its shares plunge on Thursday after acknowledging that it was looking for to boost new capital - have this week contacted a string of potential consumers of the belongings.
Those sounded out by the London-listed excessive avenue lender included Lloyds Banking Group and NatWest Group, in accordance with City sources.One insider stated the sale course of for the Metro Bank mortgages was designed to type a part of a wider capital-raising train.This, as Sky News revealed on Wednesday, would come with elevating greater than £100m of latest fair...









