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Co-op Bank lends to consumers and small and medium-sized businesses in the UK

Coventry Building Society to buy Co-op Bank for £780m

Britain's Coventry Building Society will acquire Co-operative Bank for £780m in cash, the two companies said in a joint statement today.

Business • 24 May 24

Co-op Bank posted pretax profits of £28.5m for the nine months to September, compared to a £68.1m loss the same time last year

Co-op Bank profit run continues as turnaround kicks in

Britain's Co-op Bank posted a third quarter of profits in a row today, as the self-styled ethical lender made further progress on its turnaround after nearly a decade of annual losses and was lifted by Britain's economic rebound.

Business • 05 Nov 21

Metro is seeking a rights issue for £350m to repair an unexpected dent in its capital ratio after an error in how the ratio was calculated

Momentum builds for capital checks as Metro struggles

Momentum is building for independent checks on the capital buffers of banks, a senior UK accounting executive has said.

Business • 13 May 19

KPMG has been fined and reprimanded by UK regulators over a defective audit of the Co-op Bank

KPMG fined over defective audit of Co-op Bank

Accounting giant KPMG has been fined and reprimanded by regulators over a defective audit of Britain's Co-op Bank and its audits of lenders will face additional checks for three years.

Business • 08 May 19

Co-op Bank to raise £400m of extra capital through the issue of new shares to cover the cost of past misconduct

Co-op Group's grip on bank loosens

Britain's Co-operative Group will cede more control of the Co-op Bank following the bank's latest fundraising, with its stake expected to fall to 20%.

Business • 09 May 14

The group will raise £1bn in 2013 and the remainder next year

Britain's Co-op agrees to plug capital shortfall

Britain's Co-operative Group has said it has agreed a plan with the country's financial regulator to plug a capital shortfall of £1.5 billion (€1.77 billion) at its banking unit.

Business • 17 Jun 13

Co-Op Bank's debt ratings cut by Moody's

Co-op Bank's CEO steps down after Moody's cut

The head of the Co-operative Bank stepped down today, after agency Moody's downgraded its debt ratings

Business • 10 May 13

Co-Op Bank