Mark Kleinman gets the Square Mile talking in his weekly City A.M. column: this week on the CBI's latest travails, a two-horse race at Co-operative Bank and a search for a charity chair
FTSE 100 up 2 points at 7,655 Kingfisher slips on profit warning Lloyds too cheap, says Barclays 4:05pm: Bank of America lifts Phoenix Group s price target.
The South African-owned lender is working with BNP Paribas on a takeover bid for the Co-operative Bank, pitting it against rival suitor Shawbrook, Sky News learns.
Aldermore (AIM:ALD) Group, the mid-sized consumer and business lender, has hired advisers to plot a takeover of the Co-operative Bank, according to reports..