Northern Rock's entire board offered to quit
Story date: 2007-10-16 05:06:00
Added on: 2007-10-16 09:00:32
Times Online - Northern Rock's entire board offered to resign as the liquidity crisis that forced to mortgage lender to borrow £13 billion from ... mortgages up to 5.9 times an individual's salary, branding it as "prudent" and arguing that people applying for home ...
Read more...
Related Stories:
-
Northern Rock mortgage borrowers 'don’t need to worry yet'
MyFinances.co.uk - ... and advised them when their mortgage deals expired and it was time to remortgage to shop around the...
2008-02-21 03:43:00 -
Dozens queue as Northern Rock shares plummet
Enfield and Haringey Independant - As shares tumbled by around 25 per cent, Northern Rock, the fifth biggest mortgage lender in the...
2007-09-14 08:50:00 -
U.K.'s Northern Rock Move Highlights Risk to Taxpayers
Wall Street Journal - Many analysts expect that Northern Rock's new management will be forced to trim the business, selling off some...
2008-02-19 12:04:00 -
Brown Says Talks Start With Northern Rock Bidders (Update1)
Bloomberg - The financing plan will pave the way for Northern Rock's board to approve the sale of the mortgage lender, the...
2008-01-19 01:59:00 -
CHRONOLOGY-Troubles at mortgage lender Northern Rock (Reuters via Yahoo! UK & Ireland News)
Northern Rock's top executives will face a grilling from parliamentarians on Tuesday, a month after the global credit crunch first forced the...
2007-10-15 11:54:00 -
Northern Rock shares hit record low
News.com.au - A global credit crunch means any bank will also be wary of having to refinance Northern Rock's balance sheet in...
2007-09-19 07:07:00 -
Northern Rock nationalised (Times of Malta)
New executive chairman of Northern Rock Ron Sandler, who head Northern Rock's new management team, will draw up a business plan for...
2008-02-25 02:48:10 -
Shrewd savers take advantage of Northern Rock's 'sovereign-backed ...
Times Online - His intervention came amid signs that investors were heeding the advice of analysts to take advantage of Northern Rock’s...
2008-02-19 03:06:00
