Coventry Building Society is to acquire Co-operative Bank for £780million, in a deal that will create a £89billion mutually-owned banking, mortgages and savings group.
The Co-operative Bank will this week move a step closer to regaining its mutual status when it announces that it has struck a £780m deal to be bought by the Coventry Building Society.
Get latest articles and stories on Latest News at LatestLY. The RBI on Monday imposed several restrictions on Mumbai-based Sarvodaya Co-operative Bank, including capping withdrawals at Rs 15,000 for customers, in the wake of the bank's…
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