The Co-operative Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile1 entries
2013
Co-operative Bank capital and governance crisis
The group was plunged into crisis after The Co-operative Bank disclosed a large capital shortfall and losses. The episode led to senior-management changes, public criticism of governance and a restructuring that ultimately separated the bank from the group’s wholly owned core.