bank coop sent out a letter that they will become Bank CLER. "Eine frische Bank mit jahrzehntelanger Tradition und solider Kapitalbasis" (something like "a fresh bank with tradition worth decades and solid capital base").
First time I heard about a "fresh bank".
The letter says absolutely nothing about reasons, what should be better for clients in future (it's just generally all better, fresher, easier .... LOL).
At first glance it just seems to me Coop wants out? Who knows anything about this? I'm suspicious.