Photographer: Paul Thomas / Bloomberg
Photographer: Paul Thomas / Bloomberg
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U.S. investors in control of the Cooperative Bank are preparing to hire their first board nominees after talks over the lender’s sale aborted, Sky News recitation.
The group of hedge funds, which includes GoldenTree Asset Management, is terminating the hiring of Sebastian Grigg and Richard Slimmon as non-executive directors of the bank, Sky said. give.
Banker Suisse Ex-Credit Grigg and Slimmon, a partner at consulting firm Gleacher Shacklock, could be announced as early as this week, according to Sky. An unidentified spokesman for the British bank declined to comment, Sky said.
The bank he said on Dec. 21 that an approach from an unknown bidder for the struggling lender had collapsed.