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Shares in troubled British lender Metro Bank bounce back by a third as asset sale speculation swirls

Por: ABC News Business October 06, 2023

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LONDON -- Shares in the troubled British lender Metro Bank bounced back by a third on Friday on reports that it has been sounding out bigger rivals to buy a chunk of its assets.Sky News reported that advisers to the bank have contacted Lloyds Banking Group and NatWest Group among others. That helped the company's share price rally by 30% to 48.5 pence on the London Stock Exchange, in the process recouping the previous day's losses when... + full article



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