HomeTagsDaniel Frumkin

Tag: Daniel Frumkin

Metro Bank rescue deal leaves Colombian billionaire as greatest shareholder

Bosses of ailing Metro Bank managed to agree a cope with shareholders on Sunday after crunch weekend conferences which noticed a Colombian billionaire seize a controlling stake within the financial institution.The excessive avenue lender mentioned the brand new plan will see buyers put in...

Metro Bank pronounces new cope with buyers to shore up funds

Metro Bank has introduced a brand new cope with buyers to shore up its funds.The deal features a £325 million capital elevate and £600 million in debt refinancing.Spaldy Investments Limited, Metro Bank’s largest shareholder, is contributing £102 million and can turn out to be...

Metro Bank shares dive as buyers anxious over attainable fundraise

Shares in excessive road lender Metro Bank plunged to new lows because it revealed it's mulling over fundraising or promoting off belongings in a bid to shore up money.The financial institution is reportedly trying to elevate round £600 million in capital to assist it...