Metro Bank Put Up for Sale as Billionaire Prepares for £420m Payout

RecentNews.uk

Metro Bank has officially initiated a formal sale process to find a buyer.

The bank's key Colombian billionaire backer stands to gain a potential £420 million windfall from a successful deal.

The sale follows a period of financial stabilization after a major rescue package.

Customer accounts and deposits remain safe under existing FSCS protections while proposals are reviewed.

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