The Co-operative Bank has introduced a £100 current account switching offer that also includes a £25 donation to a leading charity of the individual’s choice, as...
The Co-op Bank received “overwhelming” support for its recapitalisation plan after 99.9% of votes were in favour. Proposals are now expected to be approved later this...
The Co-operative Group has scrapped its pre-Christmas dividend payout for 7 million members, following troubles with its banking arm. Instead, Co-operative members will be offered in...
At least 15% of the Co-operative Bank’s branches will close as part of its £1.5 billion recapitalisation. Its rescue plan also sees hedge funds take a...
The Co-operative Bank is set to trigger a cross-default mechanism to prevent itself from failing, while also raising capital as a means of rescuing itself. The...
Ed Mayo, secretary-general of trade body Co-operatives UK, gets to the bottom of whether the Co-operative Bank’s £1.5 billion rescue plan will spell an end to...