UK's Co-operative details bank rescue plan

LONDON (Reuters) - Britain's Co-operative Group has detailed a rescue plan for its banking arm, under which it will hand control of the unit to investors including U.S. hedge funds as part of a 1.5 billion pound ($2.4 billion) bail-in.

from Reuters: Business News http://feeds.reuters.com/~r/reuters/businessNews/~3/a1U-tv3qIe0/story01.htm