Lloyds Bank’s profits declined by one-third as a result of reduced interest rates and increased competition in the mortgage market.
Metro Bank Announces Job Reductions Following £925 Million Rescue Agreement
Metro Bank has announced plans to reduce its workforce and reevaluate its seven-day opening policy following the approval of its £925m rescue package by shareholders.
Metro Bank Reportedly Discussing the Sale of £3 Billion in Mortgages to Barclays
Metro Bank is reportedly engaging in negotiations to transfer a mortgage portfolio worth £3 billion to Barclays, as part of its strategy to implement a comprehensive restructuring to save the
Metro Bank obtains £925m in debt and equity rescue funding.
Metro Bank finalized a critical agreement on Sunday evening to bolster its faltering finances amid swirling rumours about its future prospects.
UK’s Metro Bank rejected takeover approaches from Shawbrook
Metro Bank, a UK-based lender (MTRO.L), has turned down several acquisition proposals from business lending expert Shawbrook, with the latest attempt reported by Sky News to have been in the
Lloyds Banking and NatWest Group approached by Metro Bank This Week
This week, Lloyds Banking (LON: LLOY) and NatWest Group (LON: NWG) received inquiries about the possibility of acquiring a part of Metro Bank’s (LON: MTRO) mortgage portfolio, as the latter
Atlantic Capital Markets – Week Ahead 13th – 17th July
Our pick of the top macro data points and companies reporting this week. Those in bold are discussed in more depth below.