Shares of Britain's Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 million) in debt and equity.
It comes amid reports that it was trying to raise £600 million in debt and equity.
LONDON — Shares of Britain's Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close.The halts followed reports that the bank was trying to raise £600 million in debt and equity, according to Reuters.
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