The Co-operative Bank has appointed Dennis Holt as its new chairman following its former chairman becoming embroiled in a drugs scandal. Blue & Green Tomorrow is...
Members of the Co-operative Group voted unanimously in favour of implementing structure changes that will see a complete overhaul of the 150 year-old organisation. Suggestions put...
The crisis at the Co-op Bank can be blamed on bad management and governance and a “culture of mediocrity”, according to a damning new report dissecting...
The Co-operative Group has announced losses of £2.5 billion for 2013, marking its worst performing year in its 150-year history. The group said the “heavy losses”...
Just months after completing its £1.5 billion recapitalisation plan, the Co-operative Bank is seeking to raise an additional £400m following the discovery of another hole in...
The Co-operative Group has accepted the resignation of its chief executive Euan Sutherland, who departs what he called an “ungovernable” organisation just 10 months after being...
Euan Sutherland, the chief executive of the Co-operative Group, has reportedly offered his resignation – a tactic that has been described as a “back-me-or-sack-me” move. According...
The Co-operative Group has launched a new major research drive, in which it is calling on its customers and the general public to help shape the...
The Co-operative Bank is to face two separate investigations into its near-collapse, which will be carried out by two of the UK’s financial regulators. The Financial...
The bailout deal proposed by the Co-operative Bank to plug the £1.5 billion black hole on its balance sheet has been approved by bondholders. The bank...
The former Labour City minister Lord Myners is to conduct a review to examine the governance within the Co-operative Bank, which was brought into question last...
The Co-operative Bank’s bondholders are set to vote on Friday for or against its rescue plan, which aims to plug the lender’s £1.5 billion black hole....
Amidst The Co-operative Bank’s financial problems and the scandals and political mudslinging of recent weeks, it’s easy to forget how much of a pioneer the bank...
The House of Lords will debate amendments to the financial services bill on Tuesday, with some focusing on reforming the banking sector following recent scandals and...
Anna Laycock, ethics manager at Ecology Building Society, reflects on recent media criticism of financial mutuals. Reading the headlines this weekend, you’d have been forgiven for...