Short interest in shares in London-based Metro Bank has risen sharply as investors bet on a share issue, according to data from IHS Markit.
The figures revealed that almost 10 per cent of Metro Bank’s shares are on loan, an increase on the 4.56 per cent reported a year ago. The bank has previously been open about its requirement to increase capital in order to fund its growth ambitions, and is aiming to quadruple its deposit base to more than £50bn by 2023.
Latest News
-
Foundation Home Loans secures new £1.25bn funding line
-
Titan Wealth acquires Loveday & Partners
-
Four in five brokers confident for the year ahead, PRIMIS reveals
-
Over one third of people used full ISA allowance last year
-
Spring Finance extends bridging lending to Scotland
-
Essential savings required jumps by over £1k in two years
Helping landlords make their cash work harder
MoneyAge Editor, Adam Cadle, talks to Family Building Society BDMs, Arif Kara and Nathan Waller, about the resilient BTL market, the wide variety of landlords that Family Building Society caters for, and how niche products like an Offset mortgage can help improve cashflow.
An outlook on the BTL market
MoneyAge Editor, Adam Cadle, talks to Landbay senior regional account manager, Alex Witham, about current market sentiment within the BTL space and Landbay’s success in this area
Empowering advisers: A decade of education in Later Life Lending with Air Academy
Michael Griffiths is joined by chairman of Air Club and former founder and CEO of Air, Stuart Wilson, and head of the Air Academy, Daniel Holden, to look back on a decade of business focused learning at the Air Academy.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories