Metro Bank to cut 20% of workers in rescue plan

[ad_1] The lender says redundancies will reduce costs by £50m a year after investors voted to back the firm. [ad_2] Source link

What’s gone wrong for Metro Bank and will Barclays save it?

[ad_1] Metro Bank shareholders have voted to back a rescue deal aimed at securing its future as Barclays engages in exclusive negotiations to acquire the group’s residential mortgage book. ADVERTISEMENT…

Barclays in talks to buy Metro Bank’s mortgage book worth $3.74 bln – Sky News

[ad_1] A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing Rights Nov 27 (Reuters) – Britain’s Barclays (BARC.L)…

Barclays in talks to buy £3bn Metro Bank mortgage book

[ad_1] Barclays has entered exclusive negotiations to acquire a big portfolio of residential mortgages as the smaller lender seeks approval for a wider refinancing, Sky News learns. By Mark Kleinman,…

Metro Bank shareholders to vote on rescue deal

[ad_1] A deal to raise extra funds was struck last month after speculation about Metro’s financial position. [ad_2] Source link

Metro Manila’s elite gather for the unveiling of The Velaris Residences North Tower

[ad_1] RHK Land Corporation, a joint venture between international property leader Hongkong Land (HKL) and Philippine real estate giant Robinsons Land (RLC), continues to elevate the benchmark for luxury real…

Opinion: Montreal’s once-envied Métro is a now a symbol of the crisis in public transit

[ad_1] Open this photo in gallery: A Montreal Métro maintenance worker walks along a station platform during the early hours of the morning in Montreal, on April 11, 2019.Graham Hughes/The…

Titagarh Rail shares hit 52-week high; cross ₹1,000 mark on partnership with ABB for metro projects

[ad_1] Shares of Titagarh Rail Systems Ltd, formerly known as Titagarh Wagons Ltd, surged as much as 11.6% on Tuesday to hit a record high of ₹1,045 apiece on the…

Rogers, Metro Vancouver union reach tentative deal

[ad_1] Rogers Communications Inc. has reached a tentative agreement with the union representing nearly 300 striking workers in Metro Vancouver after contract talks broke down and the company issued a…

Loblaw and Metro report higher sales, quarterly profit as they face scrutiny over food price inflation

[ad_1] Open this photo in gallery: People shop inside a Metro grocery store in Toronto, on July 18.Cole Burston/The Canadian Press Two of Canada’s largest grocers, Loblaw Cos Ltd. L-T…