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Northern Rock News

N.Rock capital below minimum as waiver expires

Reuters - Wednesday, July 1 12:26 pm

LONDON (Reuters) - State-owned bank Northern Rock's capital has fallen below the regulatory minimum but it has been cleared to continue business as normal. More »

  • A pedestrian walks past a branch of the Northern Rock bank in the City of London February 23, 2009. REUTERS/Andrew Winning

    Tesco probably not interested in N.Rock 

    Reuters - Wednesday, July 1 11:45 am

    LONDON (Reuters) - Tesco , Britain's biggest retailer, is unlikely to be interested in a bid for nationalised bank Northern Rock , an industry source said on Wednesday. More »

  • Retailer Tesco mulls bid for British bank: report

    Retailer Tesco mulls bid for British bank: report

    AFP - Wednesday, July 1 01:34 am

    LONDON (AFP) - Britain's biggest retailer Tesco is a potential bidder for nationalised bank Northern Rock, which the government is reportedly considering selling later this year, The Times newspaper has reported. More »

  • Retailer Tesco mulling bid for major bank

    Retailer Tesco mulling bid for major bank

    AFP - Wednesday, July 1 01:32 am

    LONDON (AFP) - Retail group Tesco is a potential bidder for nationalised bank Northern Rock, which the government is reportedly considering selling later this year, The Times has reported. More »

  • Tesco may bid for Northern Rock 

    Reuters - Wednesday, July 1 12:21 am

    LONDON (Reuters) - Tesco has emerged as a potential bidder for nationalised bank Northern Rock , the Times reported in its Wednesday edition. More »

  • Pedestrians walk past a branch of the Northern Rock bank in the City of London, February 23, 2009. REUTERS/Andrew Winning

    Tesco may bid for Northern Rock - report

    Reuters - Wednesday, July 1 12:14 am

    LONDON (Reuters) - Tesco has emerged as a potential bidder for nationalised bank Northern Rock , the Times reported in its Wednesday edition. More »

  • Pedestrians walk past a branch of the Northern Rock bank in the City of London February 23, 2009. REUTERS/Andrew Winning

    EC seeks more info on Northern Rock aid

    Reuters - Friday, June 26 04:51 pm

    LONDON (Reuters) - The European Commission has asked for more information from the government for its probe into state aid for bank Northern Rock . More »

  • Treasury criticised over Northern Rock 

    Reuters - Thursday, June 25 04:23 am

    LONDON (Reuters) - The taxpayer was exposed to enormous risks when mortgage lender Northern Rock foundered because the Treasury had not prepared for a bank failure, a parliamentary committee said on Thursday. More »

  • Virgin's Branson still keen on Northern Rock and bmi

    Reuters - Monday, June 22 11:27 pm

    NEW YORK (Reuters) - Virgin Group is keen on buying long-running takeover targets Northern Rock and bmi and is open to discussions on both, President and founder Richard Branson said on Monday. More »

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