2 publishers · first seen Thu, 12 Nov 2026 07:56 UTC · updated Thu, 12 Nov 2026 12:43 UTC
Metro Bank, a major UK high street bank with 78 branches, has announced it is looking for buyers as it seeks to accelerate growth. The bank, which recently reported its most profitable six months with pre-tax profits of £61 million, has completed a substantial transformation following a major restructuring. The bank has cut 1,000 roles and ended seven-day-a-week opening hours for its branches. While not in active discussions with any buyers, Metro Bank has invited interested bidders to contact advisers Morgan Stanley. The bank's majority owner, Colombian billionaire Jaime Gilinski Bacal, who holds a 53% stake, could see a significant return on his investment if a sale goes through.
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