Metro Bank revives multibillion pound mortgage sale, reports Sky News
July 8 (Reuters) -British lender Metro Bank MTRO.L is reviving its plans to offload a mortgage portfolio worth billions of pounds, months after an investor bailout helped the bank narrowly escape collapse, Sky News reported on Monday.
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, the report added citing a source familiar with the matter.
($1 = 0.7803 pounds)
Reporting by Radhika Anilkumar in Bengaluru; Editing by Nivedita Bhattacharjee
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