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Coventry Building Society on Friday said it has agreed to buy Co-operative Bank Holdings PLC for GBP780 million in cash, in the latest shift in the UK's banking landscape. The deal, which is expected...
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Chancellor Jeremy Hunt is tossing out tax cutting pledges in a desperate bid to revive the Conservative Party's fortunes but his latest suggestion doesn't go far enough.
The Co-operative Bank has said its multi-year transformation plan is "materially complete" as the lender progresses with an agreed £780m merger with Coventry Building Society that would return it to mutual ownership.
BBVA, which owns a stake in Britain's Atom Bank, is said to be working with advisers at JP Morgan on a potential offer for Sabadell - its smaller rival - Sky News learns.