The Co-Operative Bank
£420 milion (2015 operating revenue)
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
Co-operative Bank says it has interest of several credible buyers
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" buyers
Co-op Bank sale plan attracts suitors - BBC News
Co-operative Bank says number of 'credible' bidders still interested
Co-op reports loss as Bank stake written off
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 ...