Banking and Insurance

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US credit unions call for exclusion from new accounting standard

Apex bodies say the sector needs to be treated differently because it has a unique capital…

Bristol Wood Recycling Project reaches fundraising target

The bond offer was launched on 28 January via Triodos Bank’s crowdfunding platform

The slow death of the Cyprus Co-op Bank

'Decisive intervention to save the bank never happened: yet earlier political intervention to influence lending practices…

Collaboration within the credit union sector: case studies from Ireland, Scotland and England

In its first edition, the conference looked at achieving scale through effective collaboration while remaining true…

Co-op Group returns to the life insurance market

The mutual will be working with Royal London on the project as it continues its return…

Basel Committee introduces simplified approach to market risk framework

Credit unions to face reduced regulatory burdens

Co-op Group agrees sale of insurance underwriting business to Markerstudy

'We intend to enhance our insurance offer for Co-op members and this agreement provides the means…

Co-op Bank among organisations approved for Incentivised Switching Scheme

RBS has made available a £775m pot of cash to encourage SME customers to switch to…

Non-executive director of two mutuals banned by the FCA

The regulator fined Angela Burns £20,000 for failing to declare a conflict of interest

Basel Committee reduces disclosure burdens for credit unions

The World Council of Credit Unions welcomed the exemptions, which it had been urging for throughout…

BBCM demonstrates benefits of health and care co-ops in economic report

'How we choose and deliver care and support services will define our society in years to…

Leeds Building Society obtains Fair Tax Mark certification

Over the past four years, Leeds Building Society has paid an average £22m per annum in…