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Tag: coop bank
Co-op Group's bank stake set to fall
2014-05-09 09:26:44| BBC News | Business | UK Edition
The Co-op Group is set to see its 30% stake in the Co-op Bank reduced further under a plan to raise 400m to shore-up the bank's finances.
Co-op Bank report blames governance
2014-04-22 08:34:31| BBC News | Business | UK Edition
A major report into the near collapse of the Co-operative Bank will say poor oversight of the organisation sowed the seeds of its troubles.
Tags: report
bank
governance
coop
Co-op Bank confirms 1.3bn losses
2014-04-11 08:29:14| BBC News | Business | UK Edition
The Co-operative Bank has confirmed it has made a loss of 1.3bn for 2013 and said it will not pay out 5m to former executives.
Tags: bank
losses
confirms
coop
Co-op Bank to raise extra 400m
2014-03-24 09:02:53| BBC News | Business | UK Edition
The Co-op Bank plans to raise another 400m by issuing new shares following the discovery of additional costs related to past misconduct and poor documentation.
Co-op Bank creditors approve deal
2013-12-17 12:37:51| BBC News | Business | UK Edition
Co-op Bank's creditors approve a 1.5bn plan to shore up the struggling bank's finances in a deal that will see private investors own 70% of the bank.