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Tag: Metro Bank


Activity, Investment Banking

Shareholders give Metro Bank refinancing deal the green light

November 28, 2023

Via: FinTech Futures

The £925 million refinancing plan, compiled by Morgan Stanley and Moelis, comprises a £325 million equity capital raise and £600 million in debt financing. It also raises the stake of the bank’s largest shareholder, Colombian billionaire Jaime Gilinski Bacal’s Spaldy […]


Regulations

FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues

November 16, 2023

Via: FinTech Futures

The bank says that it “received confirmation of its position on the FCA’s watchlist for financial crime compliance” on 6 June, and that the action related to the “ongoing management of financial crime risk” within its back book and online […]