Co-op removes four bank directors

AOL Money Staff
Co-operative bank
Co-operative bank

Ailing lender Co-operative Bank has taken another step towards a stock market flotation by removing four directors from its board.

The bank said non-executive directors Duncan Bowdler, Peter Harvey, Bob Newton and Len Wardle will stand down but remain on the board of the financial services arm of the wider funerals-to-supermarkets Co-op Group.