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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
M60 4EP,
United Kingdom
Recent News
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 ... |
Cooped up Breakingviews The Co-operative Bank needs capital again, and markets are fretting over the risk of a resolution. Given Co-op's ongoing losses, the Bank of England could justify one. The risk is investors think that even banks with respectable capital ratios aren't ... |