Aggressive cost-cutting helped to stem losses at the bank, which has suffered some rocky years HANNAH MCKAY/REUTERSThe Co-operative Bank saw some customers leave the stricken lender amid turmoil about its future as it made a £135 million loss in the first half of the year. About 25,000 customers closed their current accounts, 2 per cent of the Co-op’s total, during the period. Liam Coleman, the bank’s chief executive, said that he was “clearly disappointed” by the outflow. The Co-op has a total of four million customers. The bank’s capital was also weakened further during the first half of this year, with the key…

Source: The Times August 10, 2017 07:52 UTC