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Co-op bank

jayship

jayship Posts: 387 Forumite

Part of the Furniture

100 Posts

Combo Breaker

10 May 2013 at 12:45PM edited 10 May 2013 at 12:47PM in Savings & investments

Co-op bank has been downgraded to junk status by Moodys. Was it a surprise that they decided not to proceed with the purchase of RBS branches?

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opinions4u Posts: 19,411 Forumite

10 May 2013 at 1:03PM

jayship wrote: »

Co-op bank has been downgraded to junk status by Moodys. Was it a surprise that they decided not to proceed with the purchase of RBS branches?

Or even the LTSB branches.

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Ifts Posts: 1,960 Forumite

10 May 2013 at 2:37PM

Co-op Bank boss quits after Moody's downgrade

Read more: http://www.thisismoney.co.uk/money/news/article-2322377/Co-op-Bank-boss-quits-Moodys-downgrade-amid-fears-bank-need-taxpayer-support.html#ixzz2SttinDnX

Never let the perfume of the premium overpower the odour of the risk

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