Coventry Building Society agrees terms to buy Co-op Bank for £780m
by @cityam
@cityam— 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.
dailym.ai—Co-op Bank agrees possible £780m takeover by Coventry Building Society. Group revealed 'exclusive' takeover talks in March amid Co-op's strategic review. Combined group would boast £89bn balance sheet and expand CBS offering
@cityam—Consumer group names TSB, Co-op Bank and Monzo as worst major banks for mobile app security. The group reviewed the apps and websites of Britain's 13 largest current account providers between January and February, with assistance from computer security experts.
coventrytelegraph—Huge Coventry Building Society 'expansion' as two million members sent message. The acquisition of The Co-operative Bank would make Coventry Building Society the UK's 7th largest lender, with assets of around £89bn, the firm says