2 months ago
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The challenger bank has often taken chances but a new business model positions it as more the opportunist rather than the rebel
Metro Bank bosses are breathing a sigh of relief. Less than a year after the bank was forced into the arms of a Colombian billionaire as part of a £925m rescue deal, it is coming back from the brink.
A forecast by the bank last week that it would return to profitability by the end of the year sent shares up more than 35% to 55p, marking their strongest weekly gain since the bank’s IPO in 2016.
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