Govt orders probe into Co-op Bank regulation

The Treasury has today launched an independent review of the prudential supervision of the Co-operative Bank between 2008 and 2013.

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FCA bans ex-Co-op Bank chair from financial services sector

The Financial Conduct Authority has banned convicted drug criminal Paul Flowers, former chairman of Co-operative Bank PLC, from the financial services industry indefinitely.

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FCA and PRA back independent inquiry into Co-op Bank

The Financial Conduct Authority has welcomed the Treasury's announcement this afternoon of an independent investigation into the affairs of the Co-operative Bank and the actions of relevant authorities.
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Co-op Bank post £709m loss and £1.5bn capital shortfall

The Co-operative Bank has seen a loss of £709m in the first half of 2013, up from £57m loss in the first half of 2012. Read more...