Co-op Bank considers ‘alternative options’ to build capital

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Co-op Bank considers ‘alternative options’ to build capital

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A branch of The co-operative bank in Islington, north London. | Yui Mok/PA Archive/PA Images

The Co-operative Bank put itself up for sale on Monday, but the ailing UK lender is also considering another debt-for-equity swap to build capital and avoid intervention from the Bank of England.

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