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'Should Swiss regulators conclude that public companies are a better structure for banks, there would be significant repercussions across Europe'

“The Co-operative Bank has largely avoided the consequences of the market turmoil. Our cautious and responsible approach to business development limited our exposure to the problems that have afflicted many in the sector.” Those words by the then chief executive, David Anderson, of The Co-operative Bank still reverberate a decade on – they were written for the Bank’s 2008 financial results. The Co-op’s executives and non-executives were chortling at their competitors’ misfortune, complacent about their own vulnerability.

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Co-operative News - Global Hub

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