Property News · October 23, 2013

Ethical alternatives to the Co-operative Bank


With US hedge funds calling the shots, the Co-op Bank’s green credentials look increasingly fragile. But there are other accounts worth looking at• Poll: Will you stay with the Co-operative Bank?Can the Co-operative Bank continue to be ethical now that it will be controlled by profit-hungry US hedge funds? The former boss of the Co-op Group, Peter Marks, doesn’t think so. This week he told MPs that the ethical label doesn’t apply to the bank any more – and it appears many customers feel the same.If you are thinking about baling out of the Co-op Bank, but don’t want to give your money to one of the “big four” banks, there are more options available than you might think. Continue reading…

Source : theguardian.com
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