The report examines the role and contribution of Co-operative Banks to the financial sector and wider economy. 2012 is the UN ‘Year of the Co-operative’ and falls at a time when confidence in the financial system, and in particular banks, is at a low point. As such, it is timely to consider the strengths and challenges associated with a different banking model. Oliver Wyman last examined the sector in detail in the 2008 report, “Co-operative Bank: Customer Champion.” The world has changed and many of the concerns and recommendations raised prior to the crisis are no longer relevant. However, some topics (e.g. governance) remain key areas for Co-operative Bank development and will be examined further in this report.
Please note that at the moment this report is not available for download.
However, you can request directly to the Oliver Wyman consultancy a copy of the report by clicking HERE.