Chief executive says bank is considering new takeover targets after rebuffed offer for TSB
This year will mark a “turning point” for the Co-operative Bank, its chief executive has said, with the UK lender on track to report its first annual profit in a decade.
The bank, which has 3.2 million personal customers, 95,000 business clients and 50 branches across the UK, said pretax profits had reached £28.5m for the nine months to 30 September, having swung from a loss of £68m during the same period in 2020.