The Co-operative Bank Holdings Ltd - Company Profile
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The Co-operative Bank Holdings Ltd (CBH) is a bank-holding company that offers personal and business banking solutions through its primary subsidiary, The Co-Operative Bank Plc (Co-operative Bank). Personal banking comprises accounts, deposits, savings, loans, credit cards, mortgages, life and non-life insurance, and pre-paid funeral plan. The company conducts its retail activities through brands such as The Co-operative Bank, Smile, Platform, and Britannia. Business banking contains deposit services, loans, overdraft, merchant services, specialty payments, and online banking. It serves retail, SME, non-profit, and corporate clients. The company along with its subsidiaries operates in the UK. Co-operative Bank is headquartered in Manchester, the UK.
The Co-operative Bank Holdings Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Personal Banking: | Online Banking |
Accounts: | Merchant Services |
Current Accounts | Specialty Payments |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In August, the company announced its plans to acquire mortgage portfolio of Sainsbury’s Bank. |
2022 | Others | In February, the company hired PJT Partners as an adviser for potential acquisition. |
2020 | Plans/Strategy | In November, the company announced its plans to be acquired by Cerberus, a private equity firm. |
Competitor Comparison
Key Parameters | The Co-operative Bank Holdings Ltd | Virgin Money UK Plc | Close Brothers Group Plc | TSB Banking Group plc | Shawbrook Group plc |
---|---|---|---|---|---|
Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
City | Manchester | Glasgow | London | Edinburgh | Brentwood |
State/Province | England | Scotland | England | Scotland | England |
No. of Employees | 2,598 | 7,166 | 4,018 | 5,592 | 1,198 |
Entity Type | Private | Public | Public | Private | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Bob Dench | Chairman | Executive Board | 2018 | - |
Nick Slape | Director; Chief Executive Officer | Executive Board | 2020 | - |
Louise Britnell | Chief Financial Officer; Director | Executive Board | - | - |
Gary Delooze | Chief Information Officer | Senior Management | 2023 | - |
Maria Cearns | Chief Operating Officer | Senior Management | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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