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The Co-Operative Bank

Industry

Finance

Size

7,500 employees

Revenue

£420 milion (2015 operating revenue)

Overview.

The Co-operative Bank is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester. Founded in 1872, it is Britain’s seventh biggest lender, employing over 7,000 people and was founded in 1872

Location

1 Balloon Street, Manchester
M60 4EP,
United Kingdom

Employer Summary

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Recent News


The Guardian
Co-operative Bank says it has interest of several credible buyers
The Guardian
The Co-op also clarified the timeline for the process, and said preliminary expressions of interest should be submitted in the first half of April. There had been speculation that 4 April was a “cliff edge” cut-off date for potential buyers to come ...
The Co-operative Bank says it has attracted a number of "credible" buyersCity A.M.
Co-op Bank sale plan attracts suitors - BBC NewsBBC News
Co-operative Bank says number of 'credible' bidders still interestedBelfast Telegraph
Express.co.uk -Sky News -FT Adviser
all 16 news articles »

Sky News
Co-op reports loss as Bank stake written off
Sky News
Sky News has learnt that Co-op Group directors and their advisers will opt to reduce the value of its 20% stake in the Co-operative Bank to zero, reflecting mounting uncertainty about the troubled lender's future. The decision, which sources said ...

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