Co-op hires ex-HSBC man to spearhead capital solution search
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Co-op hires ex-HSBC man to spearhead capital solution search

The Co-operative Group has hired veteran HSBC banker Niall Booker as CEO of Co-op Bank and deputy CEO of the Co-op Group, as the firm seeks to address problems with its balance sheet and capital shortfall in the wake of Moody’s recent shock downgrade.

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