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Tag Archives: Euan Sutherland
On Friday, phase 1 of the deal to rescue and demutualise the Co-op Bank was finalised. It was supported at all necessary meetings of classes of creditor and shareholder and approved by the Court. Effective majority control of the Bank has now … Continue reading
All our heads are spinning. Never before has the UK Co-op been the lead story in so many news bulletins for so long. It has not been a good experience. New investigations and inquiries seem to be proliferating. Here, I’ll … Continue reading
This morning, the Co-op Bank announced its plan to deal with the problems acquired with the Britannia Building Society and how it intends to meet the Basel III requirements for increased capital for banks. The plan has been agreed by … Continue reading