Co-operative Bank agrees £700m rescue package

Co-operative Bank agrees £700m rescue package

The Co-operative Bank has secured a £700m rescue package to stop the lender from being wound up. Investors have agreed to swap their debt for a stake in the bank. The bank also said it would to separate its pension fund from the Co-operative Group’s scheme, which has £8bn of … More

Source: Russian Trade Delegation

SHARE
Previous articleSpeech: Ukraine Reform Conference: Foreign Secretary’s press conference remarks
Slava Jefremov is an entrepreneur, marketing & communications expert with a flair for technology. He is helping WRF to grow digitally by writing columns sharing his experience and promoting dialogue between businesses operating in UK and Russia.