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  • Reuters

    Metro Bank says it is in talks on potential mortgage portfolio sale

    By Reuters,

    2 hours ago
    https://img.particlenews.com/image.php?url=0CVDpx_0uJ1Yzuv00

    (Reuters) - British lender Metro Bank said on Monday it was in talks about a potential disposal of residential mortgage loans worth billions of pounds.

    The size of the portfolio, which is yet to be finalised, could be closer to 4 billion pounds ($5.13 billion) than 3 billion pounds, Sky News said, which first reported on the development.

    ($1 = 0.7803 pounds)

    (Reporting by Radhika Anilkumar and Aatrayee Chatterjee in Bengaluru; Editing by Nivedita Bhattacharjee and Shounak Dasgupta)

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