Co-Op Saga Drags on - Presented by: The Aol. On Network

It's salt into the wounds of a once proud British institution. A day after its senior independent director announced his plan to resign from the Co-op Group, the Co-op Bank has reported a massive loss of 1.3 billion pounds. And has issued an apology - chief exec Niall Booker saying it appreciates that customers feel angry over past failings. Despite everything, it says it's still confident it can raise extra funds to secure its future - even if some investors see that as a hard sell.

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