EconomyMetro Bank up for sale, with billionaire investor in line for £420m windfall

Metro Bank has opened itself to takeover bids, sending its shares up 7% and valuing the lender at about £1.3bn. A successful sale could let Colombian investor Jaime Gilinski Bacal’s Spaldy Investments cash out with roughly £427m. The bank says a sale is only one option and it could continue independently.

Metro Bankbank saleJaime Gilinski BacalUK banking

TThe Guardian★★★☆☆2026-11-12 12:43Original