FASHION chain Bank has gone into administration.

Bank, which has two shops in Bolton, employs more than 1,500 people at 84 outlets across the UK.

Bury-based Bank, which operates stores primarily in the midlands, north of England and Scotland, was part of JD Sports Fashion until November.

Deloitte was appointed as administrator today after a review of the business determined that a solvent turnaround would not be possible.

All stores are open as normal and no redundancies have been made while Deloitte considers potential interest in the business from several parties.

Bank has stores at the Middlebrook Retail Park and in the Market Place Shopping Centre.