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MTRBF / JPMorgan Chase opted out of bid for Metro Bank - FT

JPMorgan Chase opted out of bid for Metro Bank - FT
JPMorgan Chase considered a potential bid for Metro Bank before opting not to proceed because of the extra capital a new buyer would have to put in, the Financial Times reported on Sunday. Read More
Posted: Oct 8 2023, 08:08
Author Name: Reuters
Views: 110527

MTRBF News  

Metro Bank's financial package is ‘transformational, if initially painful'

By Proactive Investors
October 11, 2023

Metro Bank's financial package is ‘transformational, if initially painful'

Financial analysts at Barclays PLC (LSE:BARC) struck a balanced tone in response to challenger Metro Bank Holdings PLC (LSE:MTRO)'s recently announced more_horizontal

Metro Bank gets support from over 75% of bondholders for debt refinancing

By Reuters
October 11, 2023

Metro Bank gets support from over 75% of bondholders for debt refinancing

British lender Metro Bank on Wednesday confirmed the support of the required number of bondholders to approve its debt refinancing plans. more_horizontal

Analysis: Metro rescue puts Britain's banking underdogs under spotlight

By Reuters
October 10, 2023

Analysis: Metro rescue puts Britain's banking underdogs under spotlight

When Vernon Hill launched Metro Bank in 2010, his Yorkshire terrier tucked under one arm, he vowed the upstart lender would challenge the dominance of more_horizontal

Metro Bank shares pop 25% after securing new capital

By Invezz
October 9, 2023

Metro Bank shares pop 25% after securing new capital

Metro Bank Holdings PLC (LON: MTRO) has secured £325 million ($395.6 million) in fresh capital. Its shares are up roughly 20% at writing. more_horizontal

Metro Bank secures new cash injection following urgent talks with investors

By Market Watch
October 9, 2023

Metro Bank secures new cash injection following urgent talks with investors

Metro Bank has struck a deal to secure £925 million ($1.13 billion) worth of new financing following a weekend of urgent talks amid concerns about th more_horizontal

Metro Bank: Crisis averted, but does it have a long-term future?

By Proactive Investors
October 9, 2023

Metro Bank: Crisis averted, but does it have a long-term future?

Relief appears to be the market's immediate ‘emotional response' to the news that Metro Bank Holdings PLC (LSE:MTRO) has received an equity and debt more_horizontal

Colombian billionaire takes control of UK's struggling Metro Bank

By CNN Business
October 9, 2023

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 more_horizontal

Metro Bank Secures £925 Million Refinancing Deal

By Bloomberg Markets and Finance
October 9, 2023

Metro Bank Secures £925 Million Refinancing Deal

Metro Bank Holdings Plc has clinched a £925 million ($1.1 billion) financing package consisting of a £325 million capital raise and £600 million of more_horizontal


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