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Co-op Bank mulls alternative rescue

2013-09-20 21:30:56| BBC News | Business | UK Edition

The Co-operative Bank is to set up a committee to look into alternatives to its current plan to fill its funding shortfalls.

Tags: alternative bank rescue coop

 

Co-op bank boss 'warnings ignored'

2013-09-04 17:18:10| BBC News | Business | UK Edition

The former chief executive of Co-op Bank tells MPs he repeatedly warned the Co-op Group board against a bid to buy more than 600 Lloyds bank branches.

Tags: bank boss warnings coop

 
 

Co-op Bank unveils rescue plan

2013-06-17 09:26:13| BBC News | Business | UK Edition

The Co-operative Bank has secured a deal with regulators to tackle a 1.5bn hole in its balance sheet, which will turn bonds into shares.

Tags: plan bank rescue coop

 

Co-op Bank appoints new chairman

2013-06-05 09:31:48| BBC News | Business | UK Edition

The Co-operative Group looks to strengthen its management team, appointing a new group finance chief and a new chairman for the Co-operative Bank.

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Co-op Bank downgraded by Moody's

2013-05-10 09:59:58| BBC News | Business | UK Edition

The Co-op Bank is hit by a double whammy as its debt rating is downgraded by Moody's and its chief executive resigns after the collapse of a deal to buy Lloyds Banking Group branches.

Tags: bank coop downgraded moodys

 

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