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0 sats \ 0 replies \ @Bitman 5 Oct 2023 \ on: BREAKING: Metro Bank shares plunge 50% , tries to urgently raise £600m capital bitcoin
More on this here: https://www.theguardian.com/business/2023/oct/04/metro-bank-considering-raising-hundreds-of-millions-from-investors
Not sure how big a story it is yet. It could be because it,
had applied to use its own internal models to assess the risks of its mortgages, but that request was denied in early September
Strange to see a new bricks and mortar bank pop up. I'd assumed the new ones would all want to become just internet banks.
Here's the founder, 'American billionaire Vernon Hill' with his human owner:
https://i.guim.co.uk/img/media/70f5912653a4fbb5dd8620217eccc2851172919a/0_163_3500_2100/master/3500.jpg?width=445&dpr=2&s=none
write
preview