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Co-op shareholders agree £700m rescue deal

In an effort to save the Co-op Bank from being wound up, a group of five US hedge funds ha...

  • Aug 22, 2017
  • 0

Precise parent Charter Court auction sale collapses

An auction of Precise Mortgage’s parent company Charter Court Financial Services has col...

  • May 04, 2016
  • 0

Co-op Bank’s biggest hedge fund investor sells almost entire stake

Aurelius Capital, the largest hedge fund investor in the Co-op Bank, has sold down almost ...

  • Nov 29, 2013
  • 0

Co-op Bank rescue deal to see 15% of branches closed

Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch...

  • Nov 04, 2013
  • 0

Co-operative Bank rescue plans announced; Group’s stake to fall to 30%

The Co-operative Group is set to embark on a restructure which would give it a 30% stake i...

  • Oct 21, 2013
  • 0

Wall Street ‘vulture funds’ take significant Co-op Bank stake

Two Wall Street 'vulture funds' have seized control of part of Co-operative Bank's finance...

  • Jul 22, 2013
  • 0

Turner warns on dangers of ‘shadow banking’

The dangers of 'shadow banking' must be addressed to halt future financial disasters, Fina...

  • Sep 10, 2012
  • 0

GMAC exits European mortgage market

GMAC Financial Services has revealed its residential capital (ResCap) unit is leaving the ...

  • Apr 13, 2010
  • 0

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