Coventry Building Society to take over Co-op Bank in January Banking Regulators have given the green light for Coventry Building Society to acquire The Co-operative Bank in January as consolidation sweeps through Britain’s mid-sized banking sector. The two lenders said on Thursday that the Financial Conduct Authority and Bank of England’s Prudential Regulation Authority had approved the £780m deal, which was agreed in May. The takeover [...]
‘I’m £5,000 down’: Co-op Bank apologises after duplicate payments glitch Banking The Co-operative Bank has apologised to customers after complaints that a glitch had caused payments to be taken twice from some small business accounts.
Takeover bids, millionaire CEOs and angry members: Building societies are looking a lot like the big banks Banking Runaway profits, big-ticket acquisitions and bumper executive pay rises, Britain's building societies are starting to look a lot like banks.
Consumer group names TSB, Co-op Bank and Monzo as worst major banks for mobile app security April 24, 2024 The group reviewed the apps and websites of Britain's 13 largest current account providers between January and February, with assistance from computer security experts.
