20 June 17 from www.bloomberg.com

Bloomberg reports on the attempt by hedge funds to gain full control of the Co-op Bank. The artcle, linked below, includes an enlightening chart showing the owneship stakes of the main shareholders:

Hedge fund ownership

18 February 17 from www.theguardian.com

The Guardian's Patrick Collinson looks at the sale announcement from a consumer perspective, quoting Shaun Fensom from the Customer Union

16 February 17

FT is behind a paywall. You need a Facebook login to see this article.

14 February 17 from www.uk.coop

Co-operatives UK has issued a statement on the proposed sale.

The Customer Union for Ethical Banking is a member of Co-operatives UK

13 February 17 from www.theguardian.com, www.bbc.co.uk, www.co-operativebank.co.uk, www.uk.coop

The board of the Co-op Bank has announced that it is seeking new owners, while also looking at alternative ways of raising capital.

The bank has issued a statement to customers.

They gave us a similar statement:

Message from The Co-operative Bank CEO Liam Coleman

As you will have seen today we have announced that, having concluded our annual planning review, the Board has decided to begin a process to sell the Bank, and also to consider alternative options to build our capital position.

13 February 17 from vimeo.com

10 November 16

10 November 2016 The Co-op Bank's campaign 'My Money, My Life' campaign, launched in partnership with Refuge, has received industry backing for a 'Code of Practice. The code would provide a framework for banks to support victims of financial abuse.

Details in the press releas below.

THE CO-OPERATIVE BANK’S ‘MY MONEY, MY LIFE’ CAMPAIGN RECEIVES INDUSTRY BACKING FOR CODE OF PRACTICE

13 October 16

13 October 2016: bank sponsors third sector programme

Details in the press release below:

THE CO-OPERATIVE BANK SPONSORS UNIVERSITY OF MANCHESTER PROMETHEUS THIRD SECTOR PROGRAMME

The Co-operative Bank has worked with Alliance Manchester Business School in supporting its Prometheus programme, designed for third sector leaders, which was attended by nearly 100 delegates from the charity sector.

11 October 16

11 October 2016: the bank publishes women in finance charter targets

Details in the press release below:

THE CO-OPERATIVE BANK PUBLISHES ITS TARGETS FOR HM TREASURY’S WOMEN IN FINANCE CHARTER

  • Aims for 40 per cent female representation in senior management roles by 2020 - an 8 per cent increase on 2016
  • The Co-op Bank was among the first banks to sign up and commit to improve gender diversity in the summer

The Co-operative Bank has today (11, October, 2016) announced its target for improving gender diversity in senior manager roles as part of its commitment to the HM Treasury’s Women in Finance Charter.

14 June 16 from www.co-operativebank.co.uk

The Co-operative Bank has published its Values and Ethics report for 2015.

You can see the full report here.

In its publicity, released on 9 June, the bank said:

"The Co-operative Bank today publishes its 2015 Values and Ethics Report – a summary  of  how  the  Bank is demonstrating its commitment to its extended Ethical Policy.

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