Conservative MP Nicky Morgan, TSC chair, has welcomed the launch of the review. However, she noted that it is “hugely overdue”.
She said: “Although much has changed since the events in question, a forensic examination of the circumstances of Co-op Bank’s failure will no doubt yield important lessons for the financial regulators.
Article continues after advert
“The committee will want full transparency on the findings of the investigation, and I will be writing to Mark Zelmer setting out our expectations.”
maria.espadinha@ft.com
Page 2 of 2
