Northern Rock Wins New Guarantee From U.K. Government (Update4)

Story date: 2007-10-09 04:53:00
Added on: 2007-10-09 08:41:40

Bloomberg - Oct. 9 (Bloomberg) -- Northern Rock Plc, the U.K. mortgage lender bailed out last month by the Bank of England, said the government will guarantee deposits until financial markets become less volatile. The shares rose the most ever. Chief Executive ...


Read more...

Related Stories:

• U.K. to Back Northern Rock Debt in Plan to Spur Sale (Update6) (Bloomberg.com)

  Jan. 21 (Bloomberg) -- The U.K. government, struggling to find a buyer for Northern Rock Plc, said it will guarantee a sale...
  2008-01-21 09:32:38

• U.K. to Back Northern Rock Debt in Plan to Spur Sale (Update7) (Bloomberg.com)

  Jan. 21 (Bloomberg) -- The U.K. government, struggling to find a buyer for Northern Rock Plc, said it will guarantee a sale...
  2008-01-21 02:51:05

• U.K. to Back Northern Rock Debt in Plan to Spur Sale (Update3) (Bloomberg.com)

  Jan. 21 (Bloomberg) -- The U.K. government, in a last-ditch attempt to find a buyer for Northern Rock Plc, said it will...
  2008-01-21 03:21:33

• Northern Rock Wins New Guarantee From U.K. Government (Update3)

  Bloomberg - Oct. 9 (Bloomberg) -- Northern Rock Plc, the U.K. mortgage lender bailed out last month by the Bank of England,...
  2007-10-09 02:37:00

• Northern Rock effectively 'nationalised' by state guarantee

  Daily Telegraph - His view is that the US Federal Reserve interest rate cut, the Bank of England liquidity injection, and the...
  2007-09-20 07:34:00

• Northern Rock Favors Virgin Offer; Treasury Approves (Update3)

  Bloomberg - Nov. 26 (Bloomberg) -- Northern Rock Plc, the U.K. mortgage lender bailed out by the Bank of England two months...
  2007-11-26 04:15:00

• Northern Rock Talks Resume With Bidders, Brown Says (Update4)

  Bloomberg - Northern Rock was bailed out by the Bank of England in September, when the collapse of the U.S. subprime mortgage...
  2008-01-19 10:49:00

• Northern Rock, Rivals' Shares Rise on State Guarantee (Update4)

  Bloomberg - Federal Deposit Insurance Corp. insures deposits worth as much as $100,000. Northern Rock had 800,000 mortgage customers and made 17.4...
  2007-09-18 08:10:00