2014年4月16日水曜日

Co-Op Bank



Reverend Paul Flowers BA (Hons) FRSA FRGS,[1] (born 5 June 1950 in Portsmouth)[2][3] is an English businessman and ordained Methodist minister, currently suspended indefinitely by the church. A former Labour councillor in Rochdale, he was formerly non-executive chairman of The Co-operative Bank.[4][5]

The Co-operative Bank is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester.
The bank markets itself as an ethical bank, and seeks to avoid investing in companies involved in certain elements of the arms trade, fossil fuel extraction, genetic engineering, animal testing and use of sweated labour as stated in its ethical policy. The ethical policy was introduced in 1992[1] and incorporated into the Bank's constitution in 2013.[2] In 2002, the parent company Co-operative Group Limited brought the bank and the Co-operative Insurance Society under the control of a newly incorporated holding society, Co-operative Financial Services, which became the Co-operative Banking Group in 2011. In 2013 the bank was the subject of a rescue plan [3] to address a capital shortfall of about £1.5 billion. The bank mostly raised equity to cover the shortfall from hedge funds, while the Co-operative Group became a minority shareholder[4] holding a 30% stake in the bank.[5]

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