Tag Archives: Bank of England

Co-operative Bank update

As Paul Gosling writes in the May 17 issue of Co-operative News (hard copy only), the Co-operative Bank’s customer numbers and deposits have held up ’amazingly well’ and interest is reported in several parts of the business. One account holder speaks for … Continue reading

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Investment bank senior shocked by the allegation that the Co-op Bank’s small investors will be ‘hammered’

Alarmed by the Times report: “Officials at the Bank of England are poised this weekend to sign off a £1bn rescue of the Co-operative Bank that will hammer 5,000 small investors”, I discussed this with an investment bank senior, working abroad, who … Continue reading

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