Bloomberg Shares in Metro Bank Plc fell more than 9% to a fresh record low despite the British lender’s assurances that its 350 million-pound ($455 million) share sale to repair its finances was well advanced. Metro has started “final discussions with existing shareholders and new investors, and the feedback continues to be positive,” the firm said in a statement, confirming ...

Bloomberg To help pull off the biggest media deal of the year, JPMorgan Chase & Co. embraced a Wall Street practice that fell out of favor after the financial crisis. The largest US bank agreed to take a $1 billion equity stake using its own money. The check helped Sinclair Broadcast Group Inc. amass the cash it needed for a ...

Bloomberg As Boeing Co’s 737 Max was about to enter service in 2017 it became the subject of an unusual diplomatic exchange. Chinese officials, eager to enter the global aircraft manufacturing market dominated by Boeing and Europe’s Airbus SE, raised the prospect with their US counterparts of clearing Boeing’s aircraft for use in China in exchange for favourable treatment of ...