{"id":56946,"date":"2017-03-09T09:41:11","date_gmt":"2017-03-09T14:41:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56946"},"modified":"2017-03-09T09:41:11","modified_gmt":"2017-03-09T14:41:11","slug":"britains-co-op-bank-posts-annual-loss-of-580m","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2017\/britains-co-op-bank-posts-annual-loss-of-580m.html","title":{"rendered":"Britain&#8217;s Co-op Bank Posts Annual Loss of $580m"},"content":{"rendered":"<p>(Reuters) Britain&#8217;s Co-operative Bank reported an annual loss for 2016 of 477 million pounds ($579.79 million), a month after the struggling lender put itself up for sale after failing to meet regulatory capital requirements.&#8221;We are pleased with the interest to date and engaging with potential bidders as planned,&#8221; Chief Executive Liam Coleman said in a statement.<\/p>\n<p>Co-operative bank, which reported a 610 million pound loss in 2015, has not made a profit since 2011 and has struggled to rebuild its capital position after being rescued from the brink of collapse by a group of hedge funds in 2013.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/cooperative-bank-results-idUSL3N1GL4IR\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Britain&#8217;s Co-operative Bank reported an annual loss for 2016 of 477 million pounds ($579.79 million), a month after the struggling lender put itself up for sale after failing to meet regulatory capital requirements.&#8221;We are pleased with the interest to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56946","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56946"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56946\/revisions"}],"predecessor-version":[{"id":56947,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56946\/revisions\/56947"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}