FX.co ★ Metro Bank Confirms Discussion To Dispose Residential Mortgage Loans

Metro Bank Holdings Plc (MTRBF) announced on Monday that it is in talks about potentially selling off its residential mortgage loans. The bank emphasized that there is no guarantee that an agreement will be reached or what the terms of any such agreement might be.

Sky News reported that the lender is collaborating with Morgan Stanley in an effort to secure capital for the loan disposal.