The International Bank of Branson
Story date: 2007-10-22 11:00:00
Added on: 2007-10-23 02:29:21
BusinessWeek - So when a liquidity crisis sent British mortgage lender Northern Rock's share price ... would inject up to $2 billion into the bank in exchange for a controlling interest ... major player in finance, with just $6 billion in assets and an online-only ...
Read more...
Related Stories:
-
Northern Rock's entire board offered to quit
Times Online - Northern Rock's entire board offered to resign as the liquidity crisis that forced to mortgage lender to borrow £13...
2007-10-16 05:06:00 -
With Nothing Much Left to Lose, Northern Rock Investors Hang On
Wall Street Journal - Northern Rock's investors appear to be playing chicken with the U.K. In theory, their shares should be worth...
2007-11-19 02:17:00 -
New fears over Northern Rock debts
MSN UK News - There were renewed fears over lender Northern Rock's ability to repay its £24 billion taxpayer debts after a...
2007-11-23 04:40:00 -
N. Rock's BoE loans seen near 12.9 bln stg: data
Reuters - LONDON, Oct 11 (Reuters) - Stricken British mortgage lender Northern Rock (NRK.L: Quote , Profile , Research ) may have...
2007-10-11 08:40:00 -
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 -
Taxpayers to take on Northern Rock risk
Daily Telegraph - Northern Rock's mortgage book was not sufficiently attractive for Royal Bank of Scotland ... Northern Rock lent an average...
2008-01-21 05:20:00 -
UPDATE 3-Northern Rock braced for takeover as savers flee
Reuters UK - As fears grew the crisis engulfing Britain's fifth-biggest mortgage lender could soon spread to the housing market and wider...
2007-09-16 04:04:00 -
Homebuyers told to pay 25% deposit or penal interest rate
Guardian Unlimited - One small lender that is proving to be a winner from Northern Rock's demise is its next-door-neighbour, the Newcastle...
2008-02-25 01:22:00
