For sale: Co-op Bank looks for buyers

Source https://www.theguardian.com/business/2017/feb/13/for-sale-co-op-bank-looks-for-buyers

US hedge fund owners look at options to bolster funds including selling off the troubled bank

The Co-operative Bank has put itself up for sale, four years after it nearly collapsed and had to be bailed out by US hedge funds.

Amid persistent speculation over its long-term future, the loss-making bank said its board had decided to look for buyers, as well as look at other ways of bolstering its financial position.

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