Steve Hughes

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Background
The Co-operative Bank

Business

Coventry Building Society agrees potential takeover of Co-op Bank

Coventry Building Society has agreed a potential takeover of rival high street lender The Co-operative Bank for up to £780 million. The two groups have been in discussions over a possible merger for several months. A deal would create a combined group with a balance sheet of £89 billion, making it a bigger player in the mortgages and savings market. Coventry said it would look to integrate Co-op Bank gradually […]

todayApril 19, 2024 3

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