Articles on Co-op Bank

Displaying all articles

The last word is still accurate, at least. EPA

Now Co‑op is just another bank, it’s time to ditch the name

Just when members of the Co-op thought the group’s increasingly farcical situation was coming to an end, it was revealed that the bank had overlooked £400m in fines for mis-selling payment protection insurance…
Dance with the devil and the devil don’t change: he changes you. HowardLake

Co‑op’s latest blunder spells the end for ethical banking

The Co-operative Bank is no longer. What was once an experiment in working class self-help has become the latest victim of rapid changes sweeping the financial sector. It seems unlikely that the ethical…
Troubled bank is co-operating with the authorities. Rui Vieira/PA

What went wrong for the Co‑op Bank?

Collapsing business deals, massive financial losses, and a “junk” rating have made recent months a nightmare for the Co-op Bank. In March it announced losses of £634m for the 2012 financial year, largely…

Top contributors