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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Who is the Colombian billionaire taking a high stakes punt on Metro Bank?

The billionaire Jaime Gilinski Bacal
The billionaire Jaime Gilinski Bacal does not shy away from risks in the business world. Photograph: Bloomberg/Getty Images

The Colombian banking tycoon Jaime Gilinski Bacal is known for taking a gamble. Now one of the wealthiest people in Latin America, worth a reported $5.3bn (£4.3bn), Bacal built his name snapping up the assets of struggling lenders on the cheap, turning around their fortunes and selling them on for a big profit.

“There is a moment in life when you have to take all of the risk, just put all of the cards on the table,” Bacal has said, according to Forbes.

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