Tag Archives: Co-Op Bank Needs £400m As Losses Deepen

TheGuardian – Co-Op Bank Needs £400m As Losses Deepen – 24 March 2014

The Guardian

Co-op Group, which owns just 30% of the bank, would need to put in more than £100m if it wanted to take part in the fundraisin

QUOTE : The Co-operative Group is facing a demand to pump more cash to its troubled banking arm which risks being crippled by a new £400m bill to pay compensation for mis-selling to customers.