The Co-operative Bank has announced a loss of 38,000 current account customers amidst a “hurricane of negative publicity” following its near collapse, but has, however, recorded...
The Co-operative Group has confirmed it will sell its pharmacy business for £620 million to the Bestway Group. The transaction is due to be completed in...
The struggling Co-operative Group has confirmed it will set out radical reforms to its members in September after revealing its timetable for the shake-up. This comes...
There is a “big change in thinking” when it comes to investment banking, chief executive of Barclays Antony Jenkins has said, defending the bank’s new strategy...
Reports suggest that the governance structure at the Co-operative Bank will be blamed for its troubles over the last year in a publication looking at the...
The Royal Bank of Scotland (RBS), which remains 81% owned by the government, has reported a pre-tax loss of £8.2 billion for 2013. The losses are...
The Co-operative Group is considering selling some aspects of its business after seeing huge financial losses in 2013. The organisation has confirmed it is looking into...
The Royal Bank of Scotland (RBS), which is 80% owned by the state, has announced that it is set to focus on UK customers and the...
Deutsche Bank has reported losses for the fourth quarter of 2013, owing to a surge in litigation costs accrued over the past year. The German bank,...
A new project has brought together leading US politicians and businessmen to independently assess the potential economic impacts of climate change in the country. The Risky...
The Royal Bank of Scotland (RBS) has confirmed it will not split into a ‘good bank’ and ‘bad bank’. Instead, it will create an internal ‘bad...
The Co-operative Group announced on Thursday that it had made pre-tax losses of £559m in the first six months of 2013, amid troubles within its banking...
Ross McEwan, who joined the Royal Bank of Scotland (RBS) in 2012, will be the bank’s new CEO from October, after Stephen Hester resigned in June with £1.6m payoff. McEwan,...
Residents affected by the Oklahoma tornado in the US might not have sufficient insurance cover to restore their properties, with the insurance industry already struggling because...