Tagged: daniel frumkin

Metro Bank Announces £325M Capital Raise, £600M Debt Refinancing

Metro Bank has announced a successful capital package consisting of the following: a £325m capital raise and a £600m debt refinancing. Metro Bank says it has “secured £325m capital raise, comprising £150m of new equity and £175m of new MREL issuance, alongside £600m of debt… Read More

UK’s Metro Bank Joins APPG for Challenger Banks, Building Societies as Associate Member

The APPG for Challenger Banks and Building Societies are pleased to confirm that Metro Bank is now the latest challenger bank to join them as an Associate Member. The APPG is a cross-party group of MPs and Peers that focuses on informing parliamentarians about challenger… Read More

Metro Bank Acquires P2P Lender RateSetter, Metro Bank to Use its Deposit Base to Fund New Loans

RateSetter, a leading UK based peer to peer lender, has been acquired by Metro Bank. The purchase of RateSetter has long been anticipated as the P2P lender messaged earlier that it was exploring “strategic options” – a euphemism for a sale. In June, there were… Read More

Authors Claim Only 36% of Top 100 Crypto Tokens Link to Working Blockchains

Editors at Investinblockchain.com have written an article claiming that only 36 of the top 100 commercially-traded digital tokens and blockchains they studied, “actually had working products that are providing real value.” In the article, “Cryptocurrencies In The Top 100 With Working Products That Are In-Use,”… Read More

Send this to a friend