RE: NO FUTURE FOR METRO2 Mar 2020 12:25
Jinny the MREL is 33M cost a year, right? terrible but manageable until a re rating. why would you think they need more MREL this year? CEO confirmed there is no need of new capital whatsoever. Revenue increase is quite easy given the current situation... credit cards, loan and cross selling in general. please do go and see the podcast. it will help you understand how poor is the current situation, hence the potential to improve. Mortgage and Loans are fine. i suggest you read RBK very usefull posts about it.