A large bank merger is underway: the troubled financial institution is seeking a buyer after a scandal.
British Metro Bank is considering a merger with its competitor, Aldermore, which is valued at approximately £2 billion. The offer comes from the South African-owned FirstRand, following a controversy involving unfair sales practices related to car loans, according to Sky News.
British Metro Bank is considering a merger with its competitor, Aldermore, which is valued at approximately £2 billion. The offer comes from the South African-owned FirstRand, following a scandal involving unfair sales of car loans.
