Co-operative Bank plc

Type: Company
Name: Co-operative Bank plc
First reported 7 hours ago - Updated 7 hours ago - 1 reports

Crisis at Amanath Co-operative Bank escalates

The crisis at Bangalore-headquartered Amanath Co-operative Bank is escalating by the day and RBI along with the management of the bank are holding extensive discussions on how the bank can be salvaged. ... [Published Business Standard India - 7 hours ago]
First reported 17 hours ago - Updated 17 hours ago - 1 reports

RBI orders Amanath Bank to cease operations

Tension prevailed at the Amanath Co-operative Bank head office in Shivajinagar on Friday afternoon when hundreds of depositors who had ransacked several branches in the city staged a protest blocking the busy Bowring Hospital Road after the bank shut ... [Published The Hindu - 17 hours ago]
First reported May 16 2013 - Updated May 17 2013 - 2 reports

Banks placed on notice

Standard & Poor's has revised its outlook on eight New Zealand banks from stable to negative, citing rising economic risks."We believe New Zealand's economic vulnerabilities, including a material dependence on external borrowings, persistent current account ... [Published Timaru Herald - May 16 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Co-op Bank set to face Strathmore

REIGNING champions Co-operative Bank take on Strathmore University in a tight Premier League clash tomorrow at Nyayo Stadium gymnasium.The bankers, who have won two of their four matches are lying fourth on 6 points while the “Blades” are second with ... [Published The Star (Kenya) - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Co-operative Bank Variation voting and claims development

Collective bargaining is quickly approaching, and we need to establish with members what claims they would like to propose for bargaining.  You also will be aware that as an outcome of negotiations last year the Co-operative Bank and FIRST Union members ... [Published First Union - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Outlook downgrade for smaller banks, credit unions

Standard & Poor's has dropped its outlooks for eight New Zealand banks from stable to negative.The eight it has pointed to are The Co-operative Bank, Heartland Bank, TSB Bank, Credit Union Baywide, Credit Union South, First Credit Union, New Zealand Association ... [Published Newstalk ZB - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Co-op takes a ratings knock

UK bank's chief executive quits after Moody's downgrades debt to junk status.Time to reflect: Co-Operative Bank and Lloyds branches do business side by side in Birmingham. (Darren Staples/Reuters)Our CoverageMore CoverageBritain's Co-operative Bank was ... [Published Mail & Guardian Online - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Co-op RMBS on review

Moody's has placed on review for downgrade the ratings of 28 tranches in eight UK RMBS sponsored by Co-operative Bank. The rating actions follow the agency's downgrade of Co-operative Bank from A3/Prime-2 to Ba3/Not Prime on 9 May. Moody's believes t ... [Published Structured Credit Investor - Latest Issue News - May 17 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Co-OP’s U.K. RMBS at Risk for Moody’s Downgrade

Moody's Investors Service said today that it will review for downgrade the ratings of 28 tranches in eight U.K. residential mortgage backed securities transactions sponsored by Co-Operative Bank. ... [Published Asset Securitization Report Online - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

2013 En Ka Street Fair Kicks Off Friday Night

Got a fever for more carnival rides? Then take a swing by the "Lucky 13" En Ka Street Fair on Friday and Saturday across from Winchester Town Hall in the Jenks Center parking lot.The fair, which runs from 5-11 p.m. Friday and 10 a.m.-10 p.m. Saturday, ... [Published Winchester Patch - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Co-op crisis strikes at heart of ethical banking

Add a commentRSS FeedGovernment Co-operative Bank Customer Service EthicalEarlier this week, the Co-operative Bank's credit rating was downgraded by ratings agency, Moody's.The downgrade had nothing to do with the mutual's ethical investment policy: ... [Published Choose Money - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Britain's 'Heralded' Co-operative Bank Stumbles

Much of the government's hope to expand the Co-operative Bank relied on the planned purchase of 632 branches that the Lloyds Banking Group had to sell to comply with European competition rules after receiving a government bailout in 2008. The purchase ... [Published CNBC - May 16 2013]

Quotes

...But this contradicts what the Civil Aviation Authority told us after looking up the legislation. "We think Emirates is misinterpreting the European regulation. Under EC261 the delay is measured by the arrival time at the final destination" it told us
Tripura Chief Minister Manik Sarkar had said earlier: "The LeftLeft Front government is determined to stop the illegal operation of chit funds in the state."
...Move Your Money says the bank's credit downgrade was "unfortunate" but that the bank still "represents one of the most ethical options on the high street, and customers' money is protected by the UKUK government"
"Investors have to ask themselves whether they think a yield of 6% from a not-for-profit organisation running hospitals and health clubs is sufficient. They should also consider whether they want to tie their money up for five years at that yield."

More Content

All (416) | News (392) | Reports (3) | Blogs (11) | Audio/Video (3) | Fact Sheets (2) | Press Releases (4)
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Money: Bachelor and Brignall: Consumer champion... [Published Equities.com - 4 hours ago]
Crisis at Amanath Co-operative Bank escalates [Published Business Standard India - 7 hours ago]
Tripura govt warns people against saving money ... [Published Tripura Info - 8 hours ago]
Q&A: Post Office current accounts [Published Guardian.co.uk - 16 hours ago]
Nuffield retail bond launches at 6% – but does ... [Published Guardian.co.uk - 16 hours ago]
RBI orders Amanath Bank to cease operations [Published The Hindu - 17 hours ago]
Holbrook prom completes a year of work [Published Wicked Local Holbrook - 21 hours ago]
S&P issues warning of economic vulnerability [Published Otago Daily Times - May 17 2013]
TSB 'sound', says CEO [Published Taranaki Daily News - May 17 2013]
Co-op Bank set to face Strathmore [Published The Star (Kenya) - May 17 2013]
Co-operative Bank Variation voting and claims d... [Published First Union - May 17 2013]
Viswakarma Aikyavedi get-together [Published New Indian Express - May 17 2013]
Outlook downgrade for smaller banks, credit unions [Published Newstalk ZB - May 17 2013]
Co-op takes a ratings knock [Published Mail & Guardian Online - May 17 2013]
Co-op RMBS on review [Published Structured Credit Investor - Latest Issue News - May 17 2013]
Changes to hit short-term insurance [Published Mail & Guardian Online - May 16 2013]
Banks placed on notice [Published Timaru Herald - May 16 2013]
Negative outlook for NZ banks [Published Dominion Post - May 16 2013]
NIC Bank tops list of Kenyas mid-sized lenders ... [Published Equities.com - May 16 2013]
Co-OP’s U.K. RMBS at Risk for Moody’s... [Published Asset Securitization Report Online - May 16 2013]
2013 En Ka Street Fair Kicks Off Friday Night [Published Winchester Patch - May 16 2013]
Co-op crisis strikes at heart of ethical banking [Published Choose Money - May 16 2013]
JAS calls for more financial support for sector [Published Jamaica Gleaner - May 16 2013]
To curb frauds, banks plan more checks on e-tra... [Published Hindu Business Line - May 16 2013]
Resist political pressure or pay for it, SC tel... [Published ProKerala.com - May 16 2013]
LowellBank Announces Intention To Change Name T... [Published FinanzNachrichten.de - May 16 2013]
Diamond Trust Heads for Record After Profit Jum... [Published BusinessWeek - May 16 2013]
Co-op Society has £17m. with downgraded bank [Published This is Guernsey - May 16 2013]
Britain's 'Heralded' Co-operative Bank Stumbles [Published CNBC - May 16 2013]
Banks get reprieve on current accounts [Published The Independent - May 16 2013]
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Blogs

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Non-predatory but non-profitable: are Labour st... [Published News » Politics - May 15 2013]
The Labour Party is broke. According to Sam Coates in this morning’s Times, “Labour is facing a new financial crisis after it emerged that the party depends on a massive overdraft from the troubled Co-operative Bank. The party relies on a £3.9 million ...
Plan QE For The Hilsenrath Morning After [Published Zero Hedge - May 13 2013]
Overnight risk continues to ignore all newsflow (today the economic reporting finally picks up with advance retail sales due at 8:30 am as expectations for a second modest decline in a row of -0.3%) and is focused entirely on what the consensus decides ...
Plan QE For The Hilsenrath Morning After [Published Zero Hedge - May 13 2013]
Overnight risk continues to ignore all newsflow (today the economic reporting finally picks up with advance retail sales due at 8:30 am as expectations for a second modest decline in a row of -0.3%) and is focused entirely on what the consensus decides ...
In the papers: Centrica and Qatar eye American gas [Published Proactiveinvestors United Kingdom website - May 13 2013]
The Times HP wanted to sell Autonomy, says SAP: The German software giant SAP has confirmed that it was approached by Hewlett-Packard about whether it would like to buy the controversial British software business Autonomy. Ocado risks Waitrose ...
In the papers: Apple launches biggest corporate... [Published Proactiveinvestors United Kingdom website - May 01 2013]
The Times  The great cash giveaway is on as investors flock to Apple : Apple launched the largest corporate bond offering in history when it raised $17bn to finance its proposed $100bn giveaway to shareholders. The technology group was flooded ...
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Audio/Video

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Bailout fears for Britain's Co-op Bank [Published Reuters Video: Business - May 10 2013]
Bailout fears for Britain's Co-op Bank [Published Reuters Video: Business - May 10 2013]
AUDIO: Co-op ratings downgrade [Published BBC News Video - Business - May 10 2013]
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Press Releases

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Visa Announces Strategic Processing Relationshi... [Published GlobeNewswire: Acquisitions News - Mar 15 2013]
Research and Markets: The Co-operative Bank Cas... [Published Business Wire Professional Services News - Mar 04 2013]
ESDS Expands Its Datacenter, Dr. Vijay Bhatkar ... [Published PR.com Press Releases - Feb 20 2013]
MeetMyAgent Comments as Co-Operative Bank Launc... [Published PR.com Press Releases - Nov 26 2012]
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