LONDON: Part of the plan to save Metro Bank Holdings Plc, the United Kingdom’s best-known challenger bank, was hatched from a private island enclave near Miami, known as Billionaire Bunker.
It was there, surrounded by palm trees and turquoise water in the neighbourhood known as Indian Creek, that the Colombian financier Jaime Gilinski was holed up in recent days with members of his family as they weighed injecting more than £100mil (US$122mil) in fresh equity into the beleaguered lender.
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