Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration\u2019s trade policies<\/p>\n
Coventry Building Society has completed the purchase of the Co-operative Bank, after a \u00a3780m deal<\/a> agreed with its former hedge fund owners.<\/strong><\/p>\n The new owners will hope to firmly end the era of turmoil for the Co-op Bank following an accounting scandal that left a \u00a31.5bn black hole<\/a>. Its reputation also suffered when the bank\u2019s former chair Paul Flowers, a former Labour councillor and Methodist church minister nicknamed the \u201cCrystal Methodist\u201d, pleaded guilty to possession of cocaine, crystal meth and ketamine<\/a> in 2014.<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration\u2019s trade policies Coventry Building Society has completed the purchase of the Co-operative Bank, after a \u00a3780m deal agreed with its former hedge fund owners. The new owners will hope to firmly end the era of turmoil for … Read more<\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29534","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/29534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=29534"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/29534\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=29534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=29534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=29534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}