In 2013 he came out of retirement when he was appointed as Chief Executive of the Cooperative Bank, Britain's largest cooperative bank and ninth largest retail bank, following a # 600m loss and a six notch downgrade by Moodys.
He came out of retirement. This was in 2013. He was appointed as Chief Executive of the Cooperative Bank following a # 600m loss. He was appointed as Chief Executive of the Cooperative Bank following a six notch downgrade by Moodys. The Cooperative Bank was Britain's largest cooperative bank. The Cooperative Bank was ninth largest retail bank.