“Ethical” Co-op Bank leaves Palestinian Cause in the Lurch
Several organisations in the UK that support Palestinians in their struggle for freedom are reported to have had their accounts frozen or closed by the Co-op Bank or been threatened with the chop.
The bank until recently was part of the well-regarded Co-operative movement and famed for its business ethics. After running into financial difficulties it was rescued in 2013/4 by, among others, US hedge fund outfit Perry Capital which now has a seat on the board. According to Wikipedia billionaire Richard C. Perry has served as a director of the Israel Project.
