Optimising resources: People walk past a Metro Bank in London. The bank is one of the prominent British challenger banks that emerged to take on incumbents such as Barclays Plc and Lloyds Banking Group Plc. — Reuters
LONDON: Metro Bank Holdings Plc has hired Morgan Stanley to explore a potential capital raise after it faced pushback from regulators on a plan that would allow it to reduce the capital its required to hold.
The UK lender is weighing several other options as it looks to shore up its balance sheet, including a securitisation as well as asset and loan sales, according to sources.
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