Metro Bank shores up finances, prepares for tough investor meeting

LONDON (Reuters) - Metro Bank shares surged on Friday after it raised 375 million pounds to repair its balance sheet, giving the bank breathing space ahead of a potentially fractious annual meeting next Tuesday.The nine-year-old challenger bank's market value fell more than 1.5 billion pounds after disclosing in January it had under-reported the risk of its loan book by nearly 1 billion pounds, hitting its capital levels.Shares in the bank jumped more than 23% in early trading on Friday..