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UK’s Co-Operative Group Proposes Cutting Board Size by Half
date:Aug 11, 2014
supermarkets to pharmacies and funeral parlors, has been hurt by souring loans and mounting restructuring costs.

Members in May approved proposals at a special meeting to create an elected board of directors, a system of one member, one vote and stronger rules to protect against de-mutualisation after a bailout of the banking unit spurred the worst crisis in the groups 150-year history.

This is a significant step toward meaningful reform and, if accepted by members at the forthcoming SGM, wil

12/21 09:46