Thursday, 12 November 2026

News n More

Business

Metro Bank up for sale, with billionaire investor in line for £420m windfall

Shares up 7% after announcement as Jaime Gilinski Bacal seeks exit three years after helping to rescue bankMetro Bank is putting itself up for sale three years after its near-collapse, in a move that could hand a £420m windfall to its Colombian billionaire investor, Jaime Gilinski Bacal.Metro Bank made the rare decision to publicly announce it was open to bids…

Shares up 7% after announcement as Jaime Gilinski Bacal seeks exit three years after helping to rescue bankMetro Bank is putting itself up for sale three years after its near-collapse, in a move that could hand a £420m windfall to its Colombian billionaire investor, Jaime Gilinski Bacal.Metro Bank made the rare decision to publicly announce it was open to bids…

Read the full story on Business | The Guardian

Source: Business | The Guardian

Join the conversation

Your email address will not be published. Required fields are marked *