The Co-operative Bank is to divide its new in-house legal team into two separate functions, following the financial institution's split from former owner Co-op Group. Details of the break up were this week filed in a prospectus outlining the organisational re-shape of the bank following the transfer of ownership to a consortium of hedge funds including Aurelius and Silver Point.
November 05, 2013 at 10:34 AM
1 minute read
The original version of this story was published on Legalweek
The Co-operative Bank is to divide its new in-house legal team into two separate functions, following the financial institution’s split from former owner Co-op Group.
Details of the break up were this week filed in a prospectus outlining the organisational re-shape of the bank following the transfer of ownership to a consortium of hedge funds including Aurelius and Silver Point.
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