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Northern Rock poised for sale as suitors are circling

03.08.11
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

'Bad banks' £1bn repayment to taxpayer cheers Osborne

29.07.11
Chancellor George Osborne receivex a rare dose of good news as the company which runs the so-called "bad bank" parts of Bradford & Bingley and Northern Rock says it paid back £1 billion of taxpayers' money in the last six months... more

Scammed, but bank's tough on me - now that's phishy

31.05.11
It looked like a highly convincing phishing expedition. The letter from Barclays Partner Finance politely pointed out that "your account is overdue: £29.36", adding: "we believe this to be an oversight on your behalf", and helpfully attaching a paying-in slip... more

Nationwide's No to Rock

25.05.11
Nationwide, Britain's biggest building society, rules out bidding for the 600-plus branches Lloyds has put up for sale or the good bank part of Northern Rock... more

Lloyds told to slim more

11.04.11
Lloyds Banking Group should sell off "substantially" more than the 600 branches it has agreed with the European Commission, Sir John Vickers has said... more

Deutsche Bank hired to advise on Nothern Rock options

10.03.11
Deutsche Bank has won the mandate to return nationalised bank Northern Rock to the private sector... more

Northern Rock to offer 90% mortgages

28.02.11
Northern Rock, the British bank nationalised during the credit crisis, is preparing to launch a series of mortgages that offer up to 90% of a property's value... more

Metro Bank looks to expand after £50m fundraising

13.12.10
Metro Bank raises £50 million of new capital from investors to further develop its business... more

Spottiswoode’s fling with controversy leaves us poorer

25.11.10
Clare Spottiswoode has shown in the past week what damage she can do with a few ill-judged remarks... more

NBNK Investments gets £50m listing to buy high street banks

20.08.10
Banking venture NBNK Investments, which plans to open 600 branches across Britain, secures a £50 million boost through a stock market listing... more

Kent Reliance is target in JC Flowers bank move

12.07.10
The Kent Reliance building society confirms private equity group JC Flowers is planning to take control of it in what would be a first strike by the investment group to break into UK High Street banking... more

Death of the traditional ad agency model?

12.07.10
Advertising and marketing: Marketers and advertisers are fretting as they struggle to reach their target audiences with traditional messages... more

City pair eye state-owned bank assets

08.07.10
City heavyweights Lord Levene and Sir David Walker are set to launch a bid vehicle to take over taxpayer-controlled banking assets... more

Santander to grab RBS branches for £1.8bn

18.06.10
Spanish banking giant Santander looks set to strengthen its grip on the high street as the sole bidder for 300 branches of Royal Bank of Scotland in a reported £1.8 billion deal... more

First new bank for 100 years has an early start

17.06.10
First new high street bank in London for more than a century, and offering seven-day opening, is being launched next month... more

Hurdles stopping new banks in high street sector reviewed

26.05.10
The ease in which banks can enter the high street market is being reviewed by the Office of Fair Trading... more

Blackstone and Wellcome Trust pull out of RBS race

26.04.10
Buyout firm Blackstone and the Wellcome Trust charity drop their joint bid for branches being sold by Royal Bank of Scotland... more

Wellcome Trust joins the fray for RBS branches

09.04.10
The Wellcome Trust could be the newest player in Britain’s banking sector after making a joint bid with private equity group Blackstone to buy 320 Royal Bank of Scotland branches... more

Virgin Money scoops £100m from US investor

06.04.10
Virgin Money confirms £100 million of investment from American tycoon Wilbur Ross as it prepares to fight for a stake in high street banking... more

Sir Brian Pitman to join Branson at Virgin Money

27.01.10
Veteran banker Sir Brian Pitman is poised to become chairman of Virgin Money as Sir Richard Branson’s plans to open a high street bank progress... more

Sandy Chen's Walton bank intends to raise £200 million with AIM float

22.01.10
Sandy Chen’s new bank Walton & Co to float on London’s junior stock market next month as it raises cash to take on the tarnished big-names ... more

Sir Richard Branson gets banking break as Virgin Money buys Church House

08.01.10
Sir Richard Branson moves into retail banking as Virgin Money agrees a deal to buy regional bank Church House Trust... more

Northern Rock splits into good and bad banks

04.01.10
State-owned Northern Rock officially splits itself into good and bad banks... more

RBS shares in a tumble as it feels the pain of break-up

02.11.09
Shares in Royal Bank of Scotland tumbled by as much as 17% today after it admitted its break-up ordered by European regulators will be more painful than feared ... more

Buyers line up for quick £1.5bn sale of Northern Rock's 'best bits'

28.10.09
Northern Rock, the bank which triggered the financial crisis in Britain, could be sold before the general election in the biggest shake-up of the banking system for years... more

Credit firms charge British tourists £50 to take out €1,000

10.09.09
British holidaymakers were charged a total of £106million for taking out money with their credit card abroad last month... more

Huge rise in cost of football drives fans away from Premier clubs

28.07.09
Third of football fans plan to go to fewer matches this season as the recession bites, a new study reveals... more

Northern Rock is set to ask for £3bn more

01.07.09
Northern Rock said it will need up to £3 billion more from the taxpayer once it splits into a so-called good bank, which can be sold off, and bad bank, which will be almost certainly retained by the Treasury ... more

Chairman of the board – at £56,000 a time

07.01.09
Chief executives may be in the spotlight during the new puritanism but keep an eye on the rampant pay inflation for part-time chairmen... more


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