Thursday, October 27, 2016
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Video: UK Treasury Orders Independent Inquiry Into Co-op Bank

By Clip Syndicate
Britain's finance minister George Osborne ordered an independent inquiry into Co-op Bank, with regulators also considering enforcement action against the lender. The investigation has been jointly agreed with the Prudential Regulation Authority and the Financial Conduct Authority, the Treasury said in a statement. "It will be led by an independent person appointed by the regulators, with the approval of the Treasury," the finance ministry said.

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