Rankings at a glance |
Rank | Commended |
Total | 20 |
Originality | 6 |
Rationale | 7 |
Impact | 7 |
Description | Led Co-operative Bank through its restructuring, the first European bank recapitalisation without taxpayers’ money. |
Rankings at a glance |
Rank | Highly Commended |
Total | 24 |
Originality | 8 |
Rationale | 8 |
Impact | 8 |
Description | Created a common equity tier one capital instrument for Nationwide to meet EU requirements while preserving principles of mutuality. |