Taxpayer-owned mortgage bank Northern Rock says it has received a number of indicative takeover offers which could see it returned to the private sector by the end of this year or early next, five years after it was nationalised... more
So George Osborne has fired the starting gun on the auction for Northern Rock - a one-time building society that became a bank, went into the FTSE 100, then went bust and had to be nationalised in February 2008... more
Northern Rock, the nationalised bank which is being prepared for a return to private ownership, lost £232 million last year but is still paying £13.1 million in bonuses for hitting recovery targets... more
Northern Rock reappoints Ron Sandler to its top job as chief executive Gary Hoffman moves on to take the same role at NBNK, the new bank set up by Lord Levene... more
City Comment: There is a shortage of candidates to fill the chairman's role at some of London's top companies - but the job is an impossible one... more
Ron Sandler, the man who shepherded Northern Rock back from the abyss after the former building society became the first UK bank to be bailed out by the taxpayer in the credit crunch, looks set to take on another major job ... more
As Lloyds Banking Group began its search for a new chairman today, it launched a £4 billion fund-raiser to buy back the Government’s preference shares.
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Labour declared it was "proud" that it nationalised Northern Rock - fuelling speculation that another bank could be taken into public ownership... more
Banking: Northern Rock’s chief financial officer Ann Godbehere is leaving her £75,000 a month post at the end of February, after earning up to £900,000 for her role in the restructuring of the nationalised lender... more
Banking: Adam Applegarth, former chief executive of failed bank Northern Rock, and his co-directors will not be taken to court over their management failings... more
Chancellor Alistair Darling says we are in the biggest financial crisis in 60 years. So we obviously have much worse to come than yesterday's 4.5% retreat on the FTSE 100... more
Ron Sandler, the man chosen by Prime Minister Gordon Brown to head Northern Rock when it was nationalised, is preparing to find a successor to take over the day-to-day running of the stricken mortgage bank... more
Northern Rock is hiring hundreds of new staff to cope with an expected flood of customers getting into difficulty making their mortgage repayments... more
A slump in house prices could "seriously" affect Northern Rock's plans to repay the £24 billion it owes the Bank of England, admits chairman Ron Sandler... more
In any market meltdown, a huge amount of otherwise idle time and energy is spent trying to find the stuffee - market code for the poor mutt who has been stuffed with paper and left holding it when the music stopped... more
The fall-out from the nationalisation of Northern Rock has hit at Mr Brown's key claim to retain power - that he is a sound steward in troubled times ... more
Tonight:
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