Banking fraud spells success for 'mutual' Co-op bank

[TonyGosling]

......“Our recent interim results demonstrate the strength of our balance sheet and the responsible approach we’ve taken in managing our customer’s finances, which has limited our exposure to the market forces that are causing so many of our competitors concerns.
“The Co-operative Bank as a business is seen as ‘weathering the storm’ better than most, which can only help to build consumer confidence in the brand in these uncertain times.”
The Bank says it is not dependent on the financial markets to fund its business with customers because it has more in deposits than it lends out.......

http://www.thenews.coop/news/Wider%20Co-op%20Movement/1436