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UK s Metro Bank to slash costs after $1 1bln rescue deal

UK s Metro Bank to slash costs after $1 1bln rescue deal
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Shawbrook makes offer for Co-op Bank, eyes fresh Metro Bank bid –sources By Reuters

Shawbrook makes offer for Co-op Bank, eyes fresh Metro Bank bid –sources By Reuters
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UK bank regulator still pressing for Metro plan by Monday, source says

UK bank regulator still pressing for Metro plan by Monday, source says
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Shawbrook makes offer for Co-op Bank, eyes fresh Metro Bank bid –sources

British specialist lender Shawbrook made an offer for rival Co-op Bank and is weighing a fresh bid for embattled Metro Bank, people familiar with the matter told Reuters on Sunday. Shawbrook, backed by private equity groups BC Partners and Pollen Street, tabled an indicative bid for Co-op in recent days, said the people, who spoke on condition of anonymity. Separately, Shawbrook is considering a potential new bid for London-listed Metro Bank after several failed approaches earlier in the year, the sources said.

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The UK banking regulator is still pushing for the Metro plan on Monday, the source said

People walk past a Metro Bank in London, Britain on May 22, 2019. REUTERS/Hannah McKay/File Photo Get license rightsLONDON, Oct 8 (Reuters) - Britain's

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