Metro Bank Searches for a Buyer as Lending Grows
By PYMNTS
AI summary of the source article
U.K. challenger bank Metro Bank has put itself up for sale following job cuts. The bank's board announced it is reviewing options to boost growth, including a formal sale process.
Key facts
- Metro Bank has put itself up for sale after a series of job cuts.
- The board initiated a review of options to boost growth, including a formal sale process.
Source excerpt · PYMNTS
The U.K.’s Metro Bank has put itself up for sale following a series of job cuts. The challenger bank announced Thursday (Nov. 12) that its board had begun a review of options for boosting growth, including launching a formal sale process. “Metro Bank continues to demonstrate its business and financial momentum, having reported the highest […] The post Metro Bank Searches for a Buyer as Lending Gro…