Banking and Insurance

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Co-operative Bank reports operating profit of £14.7m

But made an overall loss before tax of £140.7

FCA scraps fees – saving co-ops £1m a year

The regulator has abolished fees for society registrations and for data access

Co-operative and mutual insurers outperform insurance sector at market share growth

Between 2007 and 2017 the premium income of the global mutual and co-operative insurance sector grew…

KPMG facing £4m fine over handling of Co-op Bank audit

The Financial Reporting Council started reviewing the firm’s audit of the bank in 2014

US credit unions call for exclusion from new accounting standard

Apex bodies say the sector needs to be treated differently because it has a unique capital…

Bristol Wood Recycling Project reaches fundraising target

The bond offer was launched on 28 January via Triodos Bank’s crowdfunding platform

The slow death of the Cyprus Co-op Bank

'Decisive intervention to save the bank never happened: yet earlier political intervention to influence lending practices…

Collaboration within the credit union sector: case studies from Ireland, Scotland and England

In its first edition, the conference looked at achieving scale through effective collaboration while remaining true…

Co-op Group returns to the life insurance market

The mutual will be working with Royal London on the project as it continues its return…

Basel Committee introduces simplified approach to market risk framework

Credit unions to face reduced regulatory burdens

Co-op Group agrees sale of insurance underwriting business to Markerstudy

'We intend to enhance our insurance offer for Co-op members and this agreement provides the means…

Co-op Bank among organisations approved for Incentivised Switching Scheme

RBS has made available a £775m pot of cash to encourage SME customers to switch to…