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Last $2.26 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 04/22/15 All times are local (Market data is delayed by at least 15 minutes).

co-operative bank plc (COOBF) Snapshot

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04/22/15 - $2.26
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Current Stock Chart for CO-OPERATIVE BANK PLC (COOBF)

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co-operative bank plc (COOBF) Details

The Co-operative Bank plc provides banking and financial services to individuals, sole traders, and small partnerships in the United Kingdom. Its personal banking products and services include current accounts, savings accounts, mortgages, personal loans, car loans, professional and career development loans, home improvement loans, credit cards, and investment products. The company also offers business banking products, such as current accounts, deposit accounts, and community banking products; and lending products comprising business charge cards, overdrafts, and fixed and variable rate loans. In addition, it offers commercial banking products and services, including business current accounts, and deposit accounts and investments; lending and finance products; and cheque/cash processing, bankers automated clearing/clearing house automated payment system, merchant, payment collection, cheque payment, faster payment, treasury, and foreign banking services, as well as provides charge and ATM cards. Further the company offers insurance products comprising self-employed, office and surgery, shop and salon, landlord, pub, restaurant, hotel, motor fleet, and motor trade insurance, as well as provides offshore, online, and mobile banking services. It operates under its own brand, as well as under the smile, Platform, and Britannia brands. As of December 31, 2014, the company operated through a network of 222 branches, 17 business banking centers, 3 primary call centers, and 1,911 ATMs, as well as the Internet and digital channels. The company was founded in 1872 and is based in Manchester, the United Kingdom.

5,711 Employees
Last Reported Date: 04/21/15
Founded in 1872

co-operative bank plc (COOBF) Top Compensated Officers

Chief Executive Officer and Executive Directo...
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Finance Director and Executive Director
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Chief Operating Officer
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Head of Governance
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Chief Risk Officer and Head of COAM
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Compensation as of Fiscal Year 2014.

co-operative bank plc (COOBF) Key Developments

Co-operative Bank plc - Analyst/Investor Day

To provide details on the progress of the turnaround plan

Co-Operative Bank plc Appoints Charles Bralver as Non-Executive Director

The Co-operative Bank p.l.c. has appointed Charles Bralver as Non-Executive Director with effect from April 23, 2015. He was nominated under the terms of the Shareholder Rights Agreement by an affiliate of Silver Point Capital L.P. a shareholder in the Bank. Under the terms of the agreement, which was entered into in May 2014 as part of the £400 million equity capital raising, the Bank granted two of its shareholders each the right to nominate a Director. Silver Point has nominated Charles whose appointment has been approved by the Bank's Board and by the Bank's regulators. Charles Bralver is a Senior Advisor on the global financial services sector to Silver Point and for the purposes of the UK Corporate Governance Code he will not be independent. Charles is currently a Board Director for Canaccord Genuity and Newstar Financial. He is the former Senior Associate Dean for International Business and Finance at the Fletcher School of Law and Diplomacy at Tufts University in Boston, USA.

Co-operative Bank plc Auditor Raises 'Going Concern' Doubt

Co-operative Bank plc filed its Annual on Apr 21, 2015 for the period ending Dec 31, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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