Billionaire Steven A. Cohen cuts stake in Britain's Metro Bank again
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(Reuters) - Billionaire hedge fund manager Steve A. Cohen has cut his stake in Britain's Metro Bank for the fifth time in just over two months following a difficult year in which the lender was engulfed in a damaging accounting scandal.Cohen and two private investment vehicles cut their stake in the lender on Feb. 5 to 4.97% from 5.81%, a filing showed on Monday.Cohen, once Metro Bank's biggest backer, and associated entities held 9.86% of the company's shares before Nov. 22. Known for its..