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HC 728-II - Project Verde: Volume II
One of the most significant consequences of Co-op Bank's near-collapse, from a public policy perspective, was the collapse of Lloyds Banking Group's planned divestment under Project Verde. Co-op Bank's withdrawal forced Lloyds to resort to its fallback option of an Initial Public Offering. The result is a new bank, TSB, which, not having an existing banking presence of its own, consists solely of the business divested by Lloyds. Accordingly, it has a personal current account market share not of 7 per cent, but of 4.2 per cent. There is a risk that a bank of this size might struggle to grow significantly and to act as a true challenger in the market. Had Co-op Bank's resulting capital shortfa...
Gangs
Authors debate on ways to respond to the problems posed by growing gang presence.
Sunday
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True Latter-Day Saints' Herald
The family magazine of the Reorganized Church of Jesus Christ of Latter-Day Saints.
The Christian Union
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