Who is the Colombian billionaire taking a high stakes punt on Metro Bank? Jaime Gilinski Bacal is known for snapping up struggling lenders on the cheap and turning around their fortunes
Metro Bank gets another shot at redemption – but too late for the small shareholders Chief executive’s boast that there is nothing wrong with its business model will sound hollow to those nursing a 97% loss
Metro Bank to slash costs after £925m rescue deal Lender confirms customers have started to pull money out amid worries over its financial health
Metro Bank agrees rescue deal with investors Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing
Cannabis firms are cut off from the US financial system, but relief is in sight The Senate is eyeing a bill that would allow banks to do business with cannabis firms – now, if only they would vote on it
Metro Bank shares rebound amid reports of £600m capital offer Lender’s stock hit all-time low after news it was exploring selling off up to 40% of mortgage book
Metro Bank shares plummet as bank seeks to shore up balance sheet Stock falls by quarter after news high street lender looking to sell off mortgages or tap investors for more cash
What is happening at Metro Bank and why is it in need of so much money? Shares have tumbled by 30% in the bank now operating at the edges of its capital requirements
Metro Bank considering raising hundreds of millions from investors High street lender recently failed to convince regulators it could be trusted to hold less cash against its mortgage risks
Central banks ‘risk global recession unless they relax 2% inflation targets’ Economic arm of UN says pro-growth stance needed, with interest rate rises increasing inequality
On the cards: Amex UK boss on plans for BNPL and keeping BA tie-up despite climate crisis Hannah Lewis on the financial services firm’s partnership with airline, weathering the pandemic and navigating a male-dominated business world
Savings experts say UK rates could soon fall. Here’s where to invest while you can The top-paying accounts that may be worth a look before they start to disappear
Rhode Island bank agrees to pay $9m over discriminatory lending allegations DoJ says Washington Trust engaged in redlining, the racist policy of banks blocking people of color from getting mortgages
JP Morgan settles Jeffrey Epstein lawsuits with US Virgin Islands for $75m Bank reaches settlements with US Virgin Islands and Jes Staley to resolve lawsuits over sex trafficking by Epstein
Santander wanted my bedbound father to visit his branch on a trolley After his account was frozen, the bank would not accept anything except an in-person visit for an identity check