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The Latest Breaking News from The Cooperative Bank

Coventry Building Society’s £780m Co-op Bank takeover to go through in January

The tie-up, announced in May, will create a banking giant with millions of customers and about £89 billion worth of assets.

Evening Standard

Competition to attract current account customers grows with £150 switching offer

The Co-operative Bank launched a new ‘switch and stay’ offer on Friday, made up of an initial £75 plus £25 per month for three months afterwards.

The Independent UK

Ethical banking in the UK: how to put your everyday account to good use

With spotlight on investments behind banks, we ask whether three top providers still offer a good deal

The Guardian - UK

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Co-op bank brand may disappear within years in Coventry Building Society deal

New owner leaves door open to dropping ethical bank’s name after £780m agreement that will create lender with 5m customers

The Guardian - UK

Coventry Building Society makes £780m offer for Co-operative Bank

Tentative offer follows four months of talks and could create new banking group with almost 5m customers

The Guardian - UK

Co-operative Bank to axe 400 jobs in bid to cut costs

Lender says move is unrelated to takeover talks with Coventry Building Society

The Guardian - UK

10 Places To Buy A Cheap House In The UK: London, Bristol Not On The List

London has been ranked as the most expensive city in the UK for first-time home buyers, with it costing an average amount of over half a million pounds.

International Business Times UK

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'Are we missing something?' - Shock as Halifax becomes fourth lender to up mortgage rates today

“Are we missing something here?” one adviser asked of the flurry of mortgage rate rises

Evening Standard

Treasury to end oversight of £425m scheme to help banks after RBS bailout

Body monitoring use of money given to challenger banks to promote competition to be wound down despite objectives not met

The Guardian - UK

Co-operative Bank in merger talks with Coventry Building Society

Talks with hedge fund owners could return ethical bank to member ownership and create high street challenger with 5m customers

The Guardian - UK

Co-operative Bank seems to have lost £2,500 I sent abroad

It was to fund a language laboratory but when the money didn’t arrive we knew there was a problem

The Guardian - UK

‘Ethical’ bank let Rose West keep account

Bosses at the organisation deemed keeping West as a customer carried little risk to the bank’s reputation

The Independent UK

Co-op Bank strikes £464m deal to buy Sainsbury’s Bank mortgage book

The move comes almost four years after Sainsbury’s said its banking operation would stop all new mortgage sales.

The Independent UK

Co-Operative Bank to buy Sainsbury’s 3,500 mortgages months after talks collapsed

Sainsbury’s mortgage holders will have their loans transferred to the Co-Operative Bank over the next year “to ensure a smooth process”

Evening Standard

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Nottingham Post

Banking giant Co-operative issues update after thousands unable to access accounts

"Once again we apologise sincerely for any inconvenience this has caused"

People

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