Latest News and Information on Nationalisation Of Northern Rock

FSA slaps fine on ex-Northern Rock finance chief - Reuters

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Telegraph.co.uk

FSA slaps fine on ex-Northern Rock finance chief
Reuters
... (Reuters) - The former finance director of Northern Rock, the British bank which nearly collapsed during the credit crisis and had to be nationalised, ...
Finance regulator fines former Northern Rock bossAFP
Northern Rock finance boss banned for hiding arrearsBBC News
Northern Rock inquiry: FSA hands former finance chief David Jones £320000 fineDaily Mail
This is London -The Press Association -Scotsman
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Published on Thursday 29th of July 2010 10:05:47 AM

THE CITY INTERVIEW: It's Ron to the rescue when a crisis looms - Daily Mail

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Daily Mail

THE CITY INTERVIEW: It's Ron to the rescue when a crisis looms
Daily Mail
When the sales process for the failed mortgage bank Northern Rock started to go horribly wrong in November 2007, Sandler took a call from the Treasury ...

Published on Thursday 29th of July 2010 10:05:47 AM

Metro Bank opens in London - The Guardian

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The Guardian

Metro Bank opens in London
The Guardian
... take over existing ones – such as the nationalised Northern Rock or the branches that must be sold by Lloyds Banking Group and Royal Bank of Scotland. ...

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Published on Thursday 29th of July 2010 10:05:47 AM

New venture eyes state-rescued bank assets - AFP

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The Guardian

New venture eyes state-rescued bank assets
AFP
... it ultimately hopes for a larger acquisition such as nationalised bank Northern Rock or 600 branches to be sold by the lender Lloyds. ...
Northern Rock takeover battle loomsThe Guardian
Nationalised lender could be targeted for takeoverThe Northern Echo
Hopes rising of new Scottish High Street bankTelegraph.co.uk
Scottish Daily Record -Scotsman -BBC News (blog)
all 107 news articles »

Published on Thursday 29th of July 2010 10:05:47 AM

Bosses of bailed-out bank agency to take 5 per cent pay cut - Independent

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Herald Scotland

Bosses of bailed-out bank agency to take 5 per cent pay cut
Independent
The body also manages the lender Northern Rock and the nationalised parts of Bradford & Bingley. Mr Budenberg, who joined UKFI in January after John Kingman ...
Bosses at bailed-out bank agency take pay cutReuters UK

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Published on Thursday 29th of July 2010 10:05:47 AM

Kent Reliance and JC Flowers in joint venture talks - BBC News

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Telegraph.co.uk

Kent Reliance and JC Flowers in joint venture talks
BBC News
There has been speculation that Flowers, which unsuccessfully bid for Northern Rock in 2007, is looking to create a new UK bank. Kent confirmed the talks in ...
Deal would create 'super mutual'The Press Association
JC Flowers to take a 49% stake in Kent RelianceMortgage Strategy
Kent Reliance in talks with JC FlowersTelegraph.co.uk
Express.co.uk -Money Marketing
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Published on Thursday 29th of July 2010 10:05:47 AM

UKFI hires Merrill man to manage bank stakes - Financial Times

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Bobsguide (press release)

UKFI hires Merrill man to manage bank stakes
Financial Times
Any bank divestments this year or next are therefore likely to be restricted to Northern Rock, the relatively small nationalised bank. ...
Banker to oversee UK bank dealsWalesOnline

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Published on Thursday 29th of July 2010 10:05:47 AM

You're better off ignoring Northern Rock - lovemoney.com

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Daily Mail

You're better off ignoring Northern Rock
lovemoney.com
In the first year or so following nationalisation Northern Rock did a very good job of paying back a large chunk of its Government loan. ...
COMMENT: We must be mature on mortgagesDaily Mail

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