Co-operative Bank

The former chief executive of The Co-operative Bank yesterday accused his successors of taking their "eye off the ball" ahead of the lender's failed bid to buy more than 600 Lloyds branches, a move which deepened a £1.5bn capital hole in its accounts....

Top fund managers have expressed anger over Co-operative Bank's £1.5bn rescue plan and warned its risk a full-scale investor rebellion if it fails to deal with its bondholders.

The Co-operative Group has reported more than half a billion pounds worth of losses in the first half, after sizeable write-offs at its troubled banking arm.

Two Wall Street 'vulture funds' have seized control of part of Co-operative Bank's finances, the Sunday Times reports.

The Co-operative Bank reassured pensioners that their investments were safe a month before announcing plans to slash their savings as part of a last-ditch bail-out.

Hundreds of Co-operative Bank bondholders, who face losing at least 30% of their investments through the lender's debt-to-equity capital-raising proposals, have joined a campaign challenging the bank's plans.

The Co-operative Bank has reached agreement with the Prudential Regulation Authority (PRA) to plug a £1.5bn capital hole in its balance sheet.

The Co-operative Bank has appointed the former head of HSBC's North American propositions as its new chief executive.

Ratings agency Moody's has downgraded the Co-operative Bank's debt rating - prompting the exit of its chief executive - after warning the group may need to raise £1bn.

The Financial Services Authority (FSA) has fined the Co-operative Bank £113,300 for "serious failings" in its handling of complaints arising from sales of Payment Protection Insurance (PPI).