Why the Co-op could fall while RBS struts on

Ritson, Mark
November 2013
Marketing Week (Online Edition);11/6/2013, p18
Trade Publication
The article focuses on Co-Operative Bank and Royal Bank of Scotland (RBS), which were both experiencing a financial crisis. It states that Co-Operative Bank will be pushed to close almost 60 of its 324 branches and cease a number of its employees due to senior management ineptitude. It also mentions the decision of the RBS to make a new bank unit to hold about an equally toxicant set of loans which worth £35 billion.


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