Mr Sutherland, who joined last May, said last month that 2013 had been "perhaps the worst year" in the Co-op's long history and it had "lost its way".
FLOTATION fever got hotter in the UK yesterday when holiday money firm Travelex said it was sizing up a �1billion listing and shares in online fashion firm Koovs started trading.
The EU bonus cap and a string of scandals involving most of the UK major banks seem to have had no effect on City bonuses as London bankers received the largest bonuses among the world's major financial markets last year, according to a new survey.
Police officers and public sector workers protest in May 2012 in London as part of a 24-hour strike in dispute over changes to pensions.
... * Job cuts represent 1.4 pct of global headcount. * Part of overhaul to improve profitability. * Zurich targeting RoE of 12-14 pct through 2016 (Adds details, background).