Cooperative

JC Flowers and Bain Capital Credit take stake in the Co-operative Bank

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US private equity giants JC Flowers and Bain Capital become major shareholders in the Co-operative Bank By Daily Mail City & Finance Reporter Published: 22:01 BST, 28 April 2021 | Updated: 22:01 BST, 28 April 2021 US private equity giants JC Flowers and Bain Capital Credit have become shareholders in the Co-operative Bank Two US private … Read more

Co-operative Bank will axe 350 jobs as it closes 18 branches

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Co-operative Bank will axe 350 jobs in middle management and head office and will close 18 branches as Covid jobs bloodbath continues The bank said low interest rates during the pandemic hit income of all lenders  More customers also banking online and making fewer transactions in branches Britain is already facing a loss of 187,000 … Read more