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1 Last part of Northern Rock is sold by Government more than a ...
https://www.chroniclelive.co.uk/news/north-east-news/last-part-northern-rock-sold-19924939
In 2017 it sold off the last shares it owned in Lloyds after taking a 43% stake at its peak. It still owns 62% of NatWest Group, formerly known ...
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2 Billionaire Richard Branson's Virgin Money Acquires Northern ...
https://www.forbes.com/sites/edwindurgy/2011/11/17/billionaire-richard-bransons-virgin-money-acquires-northern-rock-for-747-million/
In return, Virgin Money will assume ownership of 75 Northern Rock branches, which it plans to rebrand under the Virgin Money marque, ...
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3 Northern Rock - Crunchbase Company Profile & Funding
https://www.crunchbase.com/organization/northern-rock
Northern Rock is a British banking company formerly the Northern Rock Building Society.
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4 Northern Rock to be rebranded as Virgin after deal
https://www.marketingweek.com/northern-rock-to-be-rebranded-as-virgin-after-deal/
Northern Rock is to be rebranded as Virgin Money after the Richard Branson-owned company agreed to buy the state-backed bank from the government.
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5 Northern Rock plc - Company Profile, Information, Business ...
https://www.referenceforbusiness.com/history2/13/Northern-Rock-plc.html
Northern Rock's conversion from private building society to public banking entity took place in October 1997. The company is widely admired for its ...
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6 UK Finally Exits Northern Rock After 2008 Crisis Bailout
https://www.bloomberg.com/news/articles/2021-02-26/u-k-bad-bank-finally-emerges-from-the-last-financial-crisis
Government agency UKAR managed Northern Rock asset disposals · Final sale to Citi and Davidson Kempner worth 5 billion pounds.
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7 Northern Rock sold to Virgin Money - BBC News
https://www.bbc.com/news/business-15769886
Northern Rock bank, nationalised at the height of the credit crunch, is being sold to Virgin Money for £747m, the government says.
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8 A £5 billion sale of Bradford & Bingley plc and NRAM Limited ...
https://www.gov.uk/government/news/government-completes-final-5-billion-sale-of-bradford-bingley-plc-and-nram-limited
A £5 billion sale of Bradford & Bingley plc and NRAM Limited (formerly Northern Rock) and their remaining loans, acquired by the taxpayer as a ...
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9 Northern Rock Plc Company Profile: Acquisition & Investors
https://pitchbook.com/profiles/company/10708-48
Operator of a mortgage and savings bank in the United Kingdom. The company's lending business includes residential mortgages, as well as a portfolio of personal ...
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10 Northern Rock: Welcome
https://www.nrockusa.com/
Northern Rock is a company that buys, operates, and grows small businesses. · Northern Rock is assembling a family of remarkable companies. · Investment Focus.
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11 Case of Northern Rock | Risk and Liquidity - Oxford Academic
https://academic.oup.com/book/35149/chapter/299358875
Northern Rock was a building society (i.e. a mutually owned savings and mortgage bank) until its decision to go public and float its shares on the stock ...
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12 Northern Rock - latest news, breaking stories and comment
https://www.independent.co.uk/topic/northern-rock
UK government sells £13bn of Northern Rock mortgages to Cerberus · Elisabeth Murdoch has been appointed a non-executive director of Jimmy Choo. Business News ...
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13 Northern Rock - Wiley Online Library
https://onlinelibrary.wiley.com/doi/pdf/10.1002/9781119205845.app2
Northern Rock had entered this market but in fact most of their loans in this area were sold on to a mortgage company, SPML, owned by Lehman Brothers.
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14 NRAM - UK Asset Resolution
https://www.ukar.co.uk/about-us/nram/
In February 2008 HM Treasury (HMT) acquired all the shares in Northern Rock plc, with £37bn of funding provided by the UK Government. The company was split ...
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15 The £13 billion sale of former Northern Rock assets
https://www.nao.org.uk/wp-content/uploads/2016/07/The-%C2%A313-billion-sale-of-former-Northern-Rock-assets.pdf
of loans and mortgages out of Northern Rock's legacy ... UK Asset Resolution Limited (UKAR) owns NR's legacy assets. The government.
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16 Northern Rock investors accuse Treasury of profiting from ...
https://www.ft.com/content/0c7953a0-8e64-11e7-9084-d0c17942ba93
The taxpayer is expected to end up with a surplus as the Treasury also owns the entire £4.7bn of equity in NRAM that would turn into profit if ...
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17 Northern rock - Email Address & Phone Number - Lusha
https://www.lusha.com/business/b02a4b74d7630d60/
The mortgage book of higher risk assets was renamed to Northern Rock (Asset Management) and later to "NRAM plc",[4] and remained in public ownership until ...
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18 British Government Sells Northern Rock Mortgages for $20 ...
https://www.nytimes.com/2015/11/14/business/dealbook/british-government-sells-northern-rock-mortgages-for-20-billion.html
The mortgages were originally owned by Northern Rock, a British bank that was nationalized during the financial crisis.
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19 Ten years after the nationalisation of Northern Rock
https://www.thebritishacademy.ac.uk/blog/ten-years-after-nationalisation-northern-rock/
On 22 February 2008, the British government nationalised Northern Rock, a mortgage lender which a few years earlier had taken advantage of ...
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20 The Bank Run that Heralded the Global Financial Crisis
https://pubs.aeaweb.org/doi/abs/10.1257/jep.23.1.101
Northern Rock was a “building society”—that is, a mutually owned savings and mortgage bank—until its decision to go public and float its shares on the stock.
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21 Purchase of Distressed Assets by Cerberus - UK Parliament
https://researchbriefings.files.parliament.uk/documents/CDP-2017-0052/CDP-2017-0052.pdf
Northern Rock Asset Management (NRAM) and additional loans (£1.4 billion). The ... (UKAR), the holding company for the government owned.
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22 Crisis Management and an Ethic of Care: The Case of Northern
https://www.jstor.org/stable/23433699
which the ownership structure changed from a member. (customer)-owned building society to a shareholder-owned retail bank.2. Northern Rock Building Society ...
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23 Northern Rock (Asset Management) plc - AnnualReports.com
https://www.annualreports.com/HostedData/AnnualReports/PDF/PSK2010.pdf
This is the first annual report of NRAM since its combination with B&B under the ownership of UKAR. There is no legal requirement.
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24 northern rock (asset management) limited - Companies House
https://find-and-update.company-information.service.gov.uk/company/08655131
NORTHERN ROCK (ASSET MANAGEMENT) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, ...
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25 Reflections on Northern Rock: The Bank Run that Heralded ...
https://www.bis.org/publ/shin_2009.pdf
Northern Rock was unusual among U.K. mortgage banks in ... Northern Rock was a “building society”—that is, a mutually owned savings and.
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26 Ex-Northern Rock customers set for 258 million pounds payback
https://www.reuters.com/article/uk-northernrock-court-loans/ex-northern-rock-customers-set-for-258-million-pounds-payback-idUKKBN0JO15U20141210
The High Court ruling released on Wednesday was against Northern Rock Asset Management (NRAM), the “bad bank” of Northern Rock that was ...
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27 Northern Rock | LinkedIn
https://www.linkedin.com/company/northern-rock-plc
The mortgage book of higher risk assets was renamed to Northern Rock (Asset Management) and later to "NRAM plc",[4] and remained in public ownership until ...
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28 The Failure of Northern Rock: A multi-dimensional Case Study ...
https://www.suerf.org/studies/2141/the-failure-of-northern-rock-a-multi-dimensional-case-study
It is now a fully state-owned bank. Since then, another British bank (Bradford and Bingley – which was also a converted building society) has also been ...
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29 Northern Rock Asset Management plc - DBRS Morningstar
https://www.dbrsmorningstar.com/issuers/8173/northern-rock-asset-management-plc
The Company is the renamed pre-existing company formerly Northern Rock plc, which was taken into temporary public ownership in February 2008. The Company holds ...
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30 Northern Rock Ten Years On - Vonne
https://www.vonne.org.uk/northern-rock-ten-years
The Northern Rock Foundation owned 15% of the shares in Northern Rock Bank and received 5% of pre-tax profits. In January 2012, Virgin Money bought the ...
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31 An analysis of the principal factors relating specifically to ...
https://www.uksa.org.uk/page/analysis-principal-factors-relating-specifically-northern-rock-and-non-provision-compensation
Although Northern Rock was SOLVENT, the shareholders, who were the owners of the Bank, were not consulted nor were they enabled to vote on the “taking into ...
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32 Northern Rock - RoS Knowledge Base - Registers of Scotland
https://kb.ros.gov.uk/using-our-services/lender-mergers-and-name-changes/n/northern-rock
› lender-mergers-and-name-changes
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33 Northern Rock Definition | Law Insider
https://www.lawinsider.com/dictionary/northern-rock
Define Northern Rock. means Northern Rock plc (registered number 3273685), a public limited company incorporated under the laws of England and Wales, ...
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34 The NRAM plc (formerly Northern Rock plc) Consequential ...
https://www.legislation.gov.uk/uksi/2016/114/pdfs/uksiem_20160114_en.pdf
UKAR is the Treasury owned company that holds former Northern Rock assets (as well as those of Bradford & Bingley) on behalf of the Government and is ...
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35 Alex Brummer: Northern Rock ten years on - BBC Newsnight
https://www.youtube.com/watch?v=5tSfyElp43U
BBC Newsnight
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36 Government agrees £13bn Northern Rock sell-off
https://www.mpamag.com/uk/news/general/government-agrees-13bn-northern-rock-sell-off/371255
The portfolio will be sold by state owned “bad bank” UK Asset Resolution to US investment firm Cerberus. TSB will buy £3.3bn of the loans ...
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37 The Failure of Northern Rock - A Multidimensional Case Study
https://ideas.repec.org/b/erf/erfstu/53.html
It is now a fully state-owned bank. Since then, another British bank (Bradford and Bingley ? which was also a converted building society) has also been ...
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38 Northern Rock: 10 years on - Investors' Chronicle
https://www.investorschronicle.co.uk/shares/2017/09/08/northern-rock-10-years-on/
The tale of Northern Rock is a dramatic story in its own right. It's the tale of a little building society that became a big bank, whose shares ...
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39 The rise and fall of Northern Rock - The Telegraph
https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11032772/The-rise-and-fall-of-Northern-Rock.html
October 1, 1997 Northern Rock converts from a building society to a public limited company. August 9, 2007 Pinpointed by regulators and the bank itself as ...
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40 10 years since Northern Rock nationalisation
https://www.bayes.city.ac.uk/news-and-events/news/2018/february/10-years-since-northern-rock-nationalisation
It's been 10 years since the then Labour Government nationalised Northern Rock, taking the bank into state ownership.
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41 If banks can create money, how come Northern Rock went bust?
https://positivemoney.org/2012/07/if-banks-can-create-money-how-come-northern-rock-went-bust/
It simply did not possess anything like the reserves needed to meet its own liabilities. And when it turned around to the other banks they simply washed their ...
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42 Britain Sells Northern Rock to Virgin Money for $1.2 Billion
https://www.gainesville.com/story/news/2011/11/17/britain-sells-northern-rock-to-virgin-money-for-12-billion/31822931007/
Britain agreed to sell Northern Rock, the bank it had to nationalize more than three years ago, to Richard Branson's Virgin Money.
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43 Nationalised bank Northern Rock sold to Virgin Money
https://en.wikinews.org/wiki/Nationalised_bank_Northern_Rock_sold_to_Virgin_Money
The Northern Rock bank had been nationalised in 2008 following the revelation that the company had received emergency support from the UK ...
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44 Northern Rock Bank and Financial Instability Case Study
https://ivypanda.com/essays/northern-rock/
Northern Rock is a bank operating under the umbrella of Virgin Money in the United Kingdom. It was established in 1965 and 30 years down the ...
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45 FACTSHEET - The Building Societies Association
https://www.bsa.org.uk/BSA/files/a4/a449795b-50ba-4b52-b4bc-38a27ad151d4.pdf
In October 2010 Northern Rock (Asset Management) plc and Bradford & Bingley were integrated under a single holding company, UK Asset Resolution (UKAR).
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46 Lessons from The Northern Rock episode | Cairn.info
https://www.cairn.info/revue-economie-internationale-2008-2-page-5.htm
Moreover, the temporary public ownership of the bank is a response already ... Northern Rock is a domestic institution focused strongly on the retail ...
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47 Hedge funds and Northern Rock – gain or loss?
https://thehedgefundjournal.com/hedge-funds-and-northern-rock-gain-or-loss/
Rescuing the bank proved impossible and Northern Rock is now in public ownership. The form of public ownership, nationalisation, is not the first ...
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48 Northern Rock shareholders 'must be compensated' - Sky News
https://news.sky.com/story/northern-rock-shareholders-must-be-compensated-11033737
Former Northern Rock worker Dennis Grainger is chairman of the Northern Rock Small Shareholders sub-committee. He has spent the last decade ...
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49 Govt completes final sale of Bradford & Bingley and Northern ...
https://www.ftadviser.com/mortgages/2021/02/26/govt-completes-final-sale-of-bradford-bingley-and-northern-rock/
The government has completed the final sale of its Bradford & Bingley and Northern Rock assets. HM Treasury said the final sale was ...
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50 Summary of complaints data - Landmark Mortgages
https://www.landmarkmortgages.com/site-services/complaints/summary-of-complaints-data
Northern Rock plc was sold to Virgin Money in 2012. NRAM plc core business is now a mortgage servicer and no longer open to new business.' * On 30 April 2016, ...
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51 Northern Rock Limited – Security, Cleaning, Fumigation ...
https://northernrockng.com/
Northern Rock Ltd. are affiliated members of the British Institute of Cleaning Science and Qualified London Chartered Institute of Environment Health. read more.
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52 Northern Rock Asset Management – Why Do Projects Fail?
http://calleam.com/WTPF/?p=4520
Dec 16, 2012 —
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53 Northern Rock Management Team - CB Insights
https://www.cbinsights.com/company/northern-rock/people
Northern Rock's current Chief Executive Officer is Ronald A Sandler.
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54 Northern Rock and B&B stake finally sold by UK government
https://www.thisismoney.co.uk/money/markets/article-9305027/Northern-Rock-B-B-stake-finally-sold-UK-government.html
UK Asset Resolution, the company set up by the Government to hold Northern Rock and B&B when they were bailed out by the taxpayer, ...
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55 Treasury confirms restructuring of Northern Rock
https://www.propertyreporter.co.uk/property/reasury-confirms-restructuring-of-northern-rock.html
- Northern Rock (Asset Management) plc: the existing company (renamed) which will hold and service the majority of the existing residential mortgage book ( ...
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56 The Bank that failed | The Economist
https://www.economist.com/leaders/2007/09/20/the-bank-that-failed
The queues that formed outside Northern Rock, the country's fifth-biggest mortgage lender, represented the first bank run in Britain since ...
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57 (PDF) The Sub-Prime Crisis, the Credit Squeeze and Northern ...
https://www.researchgate.net/publication/227429691_The_Sub-Prime_Crisis_the_Credit_Squeeze_and_Northern_Rock_The_Lessons_to_Be_Learned
Northern Rock bank turned to the Bank of England ('the Bank') for a liquidity lifeline. ... appropriate private sector buyer, the bank was then ...
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58 UK sells £13bn of Northern Rock mortgages to Cerberus
https://www.retailbankerinternational.com/news/uk-sells-13bn-of-northern-rock-mortgages-to-cerberus-131115-4719151/
The UK Treasury has sold £13bn ($19.8 billion) of Northern Rock mortgages to US investment firm Cerberus Capital Management.
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59 Northern Rock under government control - NBC News
https://www.nbcnews.com/id/wbna23294176
Northern Rock PLC was officially transferred to state ownership Friday, five months after the global credit crisis felled Britain's fifth ...
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60 U.K.'s Northern Rock Move Highlights Risk to Taxpayers - WSJ
https://www.wsj.com/articles/SB120333565998274891
U.K. taxpayers might not be alone. While Northern Rock is the first bank nationalized in the credit crisis, others have turned to governments ...
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61 UK Asset Resolution announces £4.9 billion sale of NRAM ...
https://www.ukgi.org.uk/2019/04/02/uk-asset-resolution-announces-4-9-billion-sale-of-nram-formerly-part-of-northern-rock-mortgages-and-unsecured-loans/
... NRAM (formerly part of Northern Rock) mortgages and unsecured loans ... UKAR, the holding company for the government-owned businesses of ...
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62 Could Northern Rock have been foreseen - Storep
http://www.storep.org/workshopsiena/Chick2.pdf
Could the crisis at Northern Rock have been predicted?: ... lend when a bank was in a pickle of its own making, illiquid because of unwise past decisions.
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63 Northern Rock Case Study - 1003 Words | Internet Public Library
https://www.ipl.org/essay/Northern-Rock-Case-Study-FCXB85UZTU
1. INTRODUCTION Northern Rock was founded in 1965 by merger of Northern Counties Permanent Building Society and Rock building Society based in Newcastle.
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64 UKSA Northern Rock Shareholder Action Group - Facebook
https://m.facebook.com/nrsag/photos/a.106066264194445/106066060861132/
Calling Former Northern Rock Shareholders ✨✨ The UK Shareholders Association has been ... The Government Benefiting from its Own Actions
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65 10 years Since the Financial Crisis: Northern Rock
http://newcityagenda.co.uk/northernrock/
› northernrock
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66 New start for UK bank Northern Rock after overhaul - Mint
https://www.livemint.com/Companies/fC0fINNTUOWgUwoX5F1n5M/New-start-for-UK-bank-Northern-Rock-after-overhaul.html
Under the overhaul effective on 1 January, the company's riskiest assets have been vested in a new company known as Northern Rock (Asset ...
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67 UK government's £37 billion bailout of Northern Rock in 2007 ...
https://www.thenationalnews.com/business/uk-government-s-37-billion-bailout-of-northern-rock-in-2007-pays-off-1.625760
The UK Treasury has sold off most of the Northern Rock assets, essentially mortgages on houses all over the country, and recouped most of its £ ...
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68 Northern Rock Plc SEC Registration
https://sec.report/CIK/0001118953
Northern Rock Plc is . Northern Rock Plc is primarely in the business of mortgage bankers & loan correspondents. For financial reporting, their fiscal year ...
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69 American banks bid for £13 billion worth of Northern Rock ...
https://www.gladstonebrookes.co.uk/blog/2015/09/03/american-banks-bid-for-13-billion-worth-of-northern-rock-mortgages/
Granite is currently owned by UK Asset Resolution (UKAR), the holding company formed by the UK government to manage assets from Bradford & ...
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70 Northern Rock creates separate pension plan for future accrual
https://www.ipe.com/northern-rock-creates-separate-pension-plan-for-future-accrual/33728.article
Northern Rock was split into two separate companies on 1 January 2010, to create Northern Rock (Asset Management) - a renamed continuation of ...
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71 Northern Rock | Logopedia - Fandom
https://logos.fandom.com/wiki/Northern_Rock
Northern Rock was closed when it merged with its parent company, Virgin Money.
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72 Northern Rock rescue could cost taxpayer £2bn - Channel 4
https://www.channel4.com/news/northern-rock-rescue-could-cost-taxpayer-2bn
Chancellor George Osborne insisted the price was the best available for taxpayers, who have owned the business since the first run on a UK bank ...
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73 Working at Northern Rock | Glassdoor
https://www.glassdoor.co.uk/Overview/Working-at-Northern-Rock-EI_IE8610.11,24.htm
Northern Rock Overview ; Headquarters: Newcastle, United Kingdom ; Size: 1001 to 5000 Employees ; Founded: 2008 ; Type: Government ; Industry: Banking & Lending ...
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74 Northern Rock bank sold at loss - ABC News
https://www.abc.net.au/news/2011-11-18/northern-rock-sale/3679142
British bank Northern Rock has been sold to Virgin Money at a loss for taxpayers after it was nationalised at the height of the global ...
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75 Three years after Northern Rock, A&O and Freshfields lead on ...
https://www.legalbusiness.co.uk/blogs/three-years-after-northern-rock-ao-and-freshfields-lead-on-virgin-money-ipo/
Virgin Money, which acquired a part of lender Northern Rock from the Government in 2011, will sell a portion of its existing holding of ...
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76 The Friday Five: winners and losers of the Northern Rock sale
http://citywire.com/asia/news/the-friday-five-winners-and-losers-of-the-northern-rock-sale/a543660?section=funds-insider
Virgin Money has bought the good part of Northern Rock for £747 million. We look at who benefits from the Rock sale and who loses out.
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77 The Failure of Northern Rock: A multi-dimensional Case Study
https://www.econstor.eu/handle/10419/163485
It is now a fully state-owned bank... Subjects: Northern Rock retail banking mortgages nationalisation bank failure. United Kingdom LPHI risk
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78 Company Snapshot NORTHERN ROCK LOGISTICS
https://safer.fmcsa.dot.gov/query.asp?searchtype=ANY&query_type=queryCarrierSnapshot&query_param=USDOT&query_string=3684855
Carrier and other users: FMCSA provides the Company Safety Profile (CSP) to motor carriers and the general public ... Legal Name: NORTHERN ROCK LOGISTICS.
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79 Northern Rock: A Case in Low Frequency High Impact Event
https://financetrain.com/northern-rock-a-case-in-low-frequency-high-impact-event
Northern Rock was originally a mutual building society. It became a bank in 1997. Northern Rock could therefore move into all areas of banking. It chose to ...
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80 Northern Rock: the significance of Granite to the Bank of ...
https://www.taxresearch.org.uk/Blog/2007/11/25/northern-rock-the-significance-of-granite-to-the-bank-of-england/
We now know that £53 billion of the mortgages included in the assets are not owned by Northern Rock at all: they're owned by Granite. That means ...
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81 THE NORTHERN ROCK CRISIS: A MULTI-DIMENSIONAL ...
http://www.jteall.com/Northern%20Rock%2002.pdf
Northern Rock Case Study ... Northern Rock (previously a UK mutual building society) converted to bank status in ... assets on its own balance sheet.
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82 Failed Northern Rock is still making money for former auditor ...
https://qz.com/1688812/failed-northern-rock-is-still-making-money-for-former-auditor-pwc
UK Asset Resolution (UKAR), the institution set up in 2010 to sell off British taxpayer-owned assets in Northern Rock and Bradford & Bingley ...
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83 Supporting the Turnaround of Northern Rock - SBU Design Ltd
http://www.sbudesign.com/documents/Supporting%20the%20Turnaround%20of%20Northern%20Rock.pdf
Following a 'bank run', Northern Rock was taken into temporary public ownership in 2008. That year the new CEO, Gary Hoffman, commissioned SBU in ...
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84 Investment firm snaps up £13bn of Northern Rock mortgages
https://www.insider.co.uk/news/investment-firm-snaps-up-13bn-9893625
Virgin Money agreed a £747 million deal in 2011 to buy the “good bank” assets of Northern Rock, a deal which was sweetened for Virgin Money with ...
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85 Northern Rock sold to Virgin Money for £747m - and how it ...
https://moneytothemasses.com/news/northern-rock-sold-to-virgin-money-for-747m-and-how-it-affects-customers
The troubled lender Northern Rock, taken into public ownership in February 2008, has been sold to Virgin Money for £747m.
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86 northern rock: the crisis of a" uk mortgage lender
https://www.academia.edu/1630937/NORTHERN_ROCK_THE_CRISIS_OF_A_UK_MORTGAGE_LENDER
The Board has the responsibility to run the company prudently; the stress test scenarios are designed by the Board (not by the FSA). Northern Rock: The Crisis ...
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87 Government to sell former Northern Rock mortgages
https://www.moneysavingexpert.com/news/2019/04/government-to-sell-northern-rock-mortgages/
› ... › 2019 › April
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88 Cerberus Acquires GBP 13 Billion Portfolio of Assets from UK ...
https://www.cerberus.com/media-center/cerberus-acquires-gbp-13-billion-portfolio-of-assets-from-uk-asset-resolution-limited-ukar/
Portfolio Consists of Part of the Legacy Book of NRAM, the Former Northern Rock Mortgage Business UKAR Engaged for Ongoing Asset Management ...
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89 Northern Rock (Guernsey) Limited — GFSC
https://www.gfsc.gg/news/article/northern-rock-guernsey-limited
The Board of Northern Rock (Guernsey) Limited has received assurances from Northern Rock plc that its assets are safe and not at risk and that ...
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90 UKAR sells Northern Rock loan portfolio - Insider Media
https://www.insidermedia.com/news/north-east/95099-
UK Asset Resolution (UKAR), the holding company for the government-owned businesses of Bradford & Bingley (B&B) and Northern Rock (Asset ...
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91 Lecture: Northern Rock: Narrative - Anxiety, Part II | Coursera
https://www.coursera.org/lecture/global-financial-crisis/lecture-northern-rock-narrative-qDN16
[MUSIC] Our first case study is Northern Rock. Northern Rock began in the 19th century as mutually owned building society with a business focused on serving ...
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92 Bradford & Bingley, Northern Rock 'bad banks' to merge
https://www.standard.co.uk/business/bradford-bingley-northern-rock-bad-banks-to-merge-6706812.html
T. he Government is to merge the two "bad banks" owned by taxpayers, it was announced today. Northern Rock Asset Management and Bradford & ...
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93 UK Treasury Sells £13 Billion of Northern Rock's Mortgages to ...
https://www.businessinsider.com/uk-treasury-sells-13-billion-of-northern-rocks-mortgages-to-the-us-2015-11
The UK government has sold off 115,000 Northern Rock mortgages it was forced to buy during the 2008 financial crisis to Cerberus, a US asset ...
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94 Annual Report and Accounts 2004 - NRAM
https://www.nram.co.uk/~/media/Files/N/NRAM-PLC/documents/corporate-reports/res2004pr-annualreportandaccounts.pdf
COMPANY STRATEGY. Northern Rock is a specialised lender providing funds for residential mortgages, secured commercial lending and personal finance.
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95 Why Northern Rock shareholders can't expect to get their ...
https://moneyweek.com/33412/why-northern-rock-shareholders-cant-expect-to-get-their-money-back
As Wolf also points out, the perhaps more interesting question is how the bank will now be run. The Government now owns the bank that was the most aggressive ...
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