Martin Vander Weyer Martin Vander Weyer

The Co-op joins the premier league and the banker-bashers are watching

issue 28 July 2012

Hail to the Co-operative Bank, which has snapped up the 632 branches that Lloyds was under orders from Brussels to shed by next year. The price looks like a buy-one-get-one-free sofa sale: £350 million down with £400 million to pay over 15 years ‘if targets are met’, against Lloyds’ initial expectation of £1.5

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