northern rock

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Latest blogosphere posts tagged “northern rock”

• Pearl makes an offer to bondholders

  
  The Guardian - guardian.co.uk — Authority: 985
  • Insurer moves to end row with bondholders in effort to gain full listing on LSE • Deal would prevent dividends being paid if bondholders were denied payment Pearl, the insurance group built by the pizza entrepreneur Hugh Osmond, took steps to repair its damaged relationship with bondholders tonight by ...
  4 hours ago

• How solid is Northern Rock without government protection?

  
  The Guardian - guardian.co.uk — Authority: 985
  The shiny new "good" Northern Rock, stripped of its book of bad loans, came into being yesterday and declared to customers that "its business as usual". Indeed it is. Northern Rock continues to enjoy a government-sponsored "skys the limit" guarantee on retail deposits. Every other bank and building society must make ...
  1 day ago

• Money held in building society accounts fell by £800m

  
  The Guardian - guardian.co.uk — Authority: 985
  • Building societies bemoan competition from state-owned banks • Northern Rock stripped of toxic loans has deposits worth £19bn Building societies have complained that they had lost £800m in deposits from investors because of unfair competition from taxpayer-backed institutions as speculation swirled ...
  1 day ago

• Who will buy Northern Rock?

  
  Moneywise - your money, your life — Authority: 132
  The race to snap up the good assets of Northern Rock is heating up, with Virgin Money and National Australia Bank (NAB) emerging as the frontrunners. read more
  1 day ago

• DealZone Daily

  
  DealZone — Authority: 438
  The New Year starts with a massive — though widely expected — deal as Novartis ( NOVN.VX ) says it plans to buy the rest of eye-care group Alcon ( ALC.N ) for almost $40 billion. The seller is Swiss food group Nestle, which as it happens is sometimes mooted as a rival for  Kraft’s ( KFT.N ) hostile 10 ...
  1 day ago

• Mon 16:45 - Theres speculation the National Australia Bank wants to buy the UK investment bank Northern Rock ...(audio)

  
  Australian Broadcasting Corp. | abc.net.au — Authority: 820
  The reports comes out of The Observer Newspaper but NAB is so far declining to comment. Stephen Mayne is a shareholder activist and spoke to Steve Chase earlier about how he sees the speculation.
  1 day ago

• NAB moves in on Northern Rock

  
  FT Alphaville — Authority: 703
  National Australia Bank is gearing up for a takeover of nationalised UK lender Northern Rock and has held a “beauty parade” of potential advisors on the deal, reports The Observer. NAB, which already owns Clydesdale and Yorkshire banks in the UK, has hosted presentations by Lazard, Citigroup,...
  1 day ago

• New banks to debut, as bidders race for Northern Rock

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Unfamiliar bank names on high street as post-financial crisis landscape takes shape.
  2 days ago

• Australian bank consults investment groups over bid for Northern Rock

  
  The Guardian - guardian.co.uk — Authority: 985
  Advisers being lined up as government auction of nationalised lender approaches National Australia Bank is gearing up for a takeover of Northern Rock by holding a "beauty parade" of investment banks to advise it on an auction of the nationalised lender in the new year. NAB, which already owns Clydesdale and ...
  3 days ago

• From dotcom bust to banking meltdown

  
  The Guardian - guardian.co.uk — Authority: 985
  It was a decade that did very little to enhance the reputation of capitalism and big business On 15 September 2008, workers began to stream from the offices of the Lehman Brothers building just north of Times Square. One yelled to the press camped outside; "Youre watching history man," and he couldnt have been more ...
  1 week ago

• Northern Rock shareholders have compensation appeal rejected by Supreme Court

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Northern Rocks former shareholders have been dealt another blow in their bid for compensation by the Supreme Court, which has rejected their application to press ahead with a case against the Government.
  1 week ago

• Hedge fund chiefs pay boost after stellar year

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  One of the biggest-ever pay bonanzas is set to be triggered among Britains hedge fund managers following the sectors most successful year for a decade.
  1 week ago

• This decade’s current affairs: 2005 – 2009

  
  t5m: Love Personality, Love t5m — Authority: 560
  In the first half of the decade we watched as terror and fear took a stranglehold over the media and the world’s population, with the second half of the decade we asked would this trend continue or would there be a light at the end of the darkness?2005 wanted to be the year that everyone would remember for great ...
  2 weeks ago

• Northern Rocks appointment of Richard Pym fuels Bradford & Bingley mortgage-book merger talk

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Richard Pym has been appointed chairman of the "bad bank" to be hived off from failed lender Northern Rock in a move fuelling speculation that it will absorb the mortgage book of Bradford & Bingley.
  3 weeks ago

• Northern Rock bad bank to be chaired by Bradford & Bingley boss

  
  The Guardian - guardian.co.uk — Authority: 985
  • Northern Rock moves closer to break-up • B&B; chair to head Rock asset management division Northern Rock has moved a step closer to splitting into a "good bank" and a "bad bank" by announcing details of the management teams which will run both divisions. The nationalised firm has appointed Richard Pym, ...
  3 weeks ago

• Property: Big money, big dreams

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  From boom to bust, its been a roller-coaster decade for the property market, says Anna Tyzack
  3 weeks ago

• Pre-Budget report: the Treasury wont tell us the true cost of this debt disaster

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  If you thought Alistair Darlings figures were bad, wait until you see the final bill, says Jeff Randall.
  3 weeks ago

• Amy Spencer caught between Northern Rock and a hard place

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Ex-BBC Young Sports Personality of Year now works for Northern Rock.
  3 weeks ago

• Northern Rock to be Restructured 1 January 2010

  
  Net News Publisher — Authority: 153
  The restructure of Northern Rock will take place on 1 January 2010, the Treasury has confirmed. The Northern Rock plc Transfer Order 2009 was made by the Treasury and laid before Parliament this morning. Financial Services Secretary Paul Myners said: “On 1 January Northern Rock will take a further step towards an ...
  3 weeks ago

• No compensation for Northern Rock investors

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Former Northern Rock shareholders should receive no compensation for the banks nationalisation, the independent valuer has declared.
  4 weeks ago

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