RateSetter hands back £384m to 45,000 investors after Metro Bank takeover

Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more