Coventry Building Society and Co-op Bank £780m tie-up confirmed Banking The combined group will be led by David Thorburn as Chairman and Steve Hughes as Chief Executive Officer.
Takeover bids, millionaire CEOs and angry members: Building societies are looking a lot like the big banks Banking Runaway profits, big-ticket acquisitions and bumper executive pay rises, Britain's building societies are starting to look a lot like banks.
Coventry Building Society agrees terms to buy Co-op Bank for £780m Banking Coventry Building Society has agreed terms to buy The Co-operative Bank for £780m as a wave of consolidation sweeps through the mid-sized banking sector.
Coventry Building Society sees profit boost from rate hikes as Co-op Bank merger talks continue February 29, 2024 Higher interest rates have boosted Coventry Building Society's annual profits as the lender continues to negotiate a potential merger with the Co-op Bank.