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Metro Bank’s Late Night Rescue Deal

Metro Bank’s Late Night Rescue Deal
Late Sunday evening, amid intense speculation surrounding its financial standing, UK-based Metro Bank announced a lifesaving deal that not only secured its future but marked "a new chapter" for the embattled bank, according to CEO Daniel Frumkin. £325 Million in Fresh FundingIn a remarkable turn of events, Metro Bank successfully raised £325 million in fresh funding and refinanced £600 million of debt. The move provided a much-needed financial boost, with the bank's share price rebounding swiftl... Read More
Posted: Oct 11 2023, 11:31
Author Name: financemagnates
Views: 092192

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