LONDON (MarketWatch) -- The U.K. Treasury said Friday that it has acquired all the shares in Northern Rock, including all options and other entitlements, after a bill allowing the bank to be ...

Do Gordon Brown and Alistair Darling share a fantasy: do they imagine themselves triumphantly working the same kind of turnaround on Northern Rock that Christopher Flowers, the billionaire private ...

When it comes to innovation in ABS, UK mortgage bank Northern Rock is so far ahead of the pack that there was really only one contender in the field this year. Almost every significant development in ...

LONDON (Reuters) - The government should not pay any compensation to Northern Rock investors as shares in the troubled bank were worthless when it was nationalised, a state-appointed valuer said on ...

LONDON (Reuters) - The Treasury has lifted its guarantee protecting retail deposits with nationalised Northern Rock, a decision that marks a milestone in the bank's turnaround and draws a line under ...

Two private-equity firms in New York are using skills honed in Japan during a banking crisis almost a decade ago to map potential takeover bids for the ailing British mortgage bank Northern Rock. J.C.

LONDON (MarketWatch) -- Stricken U.K. mortgage lender Northern Rock said Thursday that its CEO Adam Applegarth will leave with immediate effect and will be replaced by Andy Kuipers. Applegarth said in ...

I’ve seen countless stories this week commenting that Northern Rock is the top paying savings account and “money will be flooding in there.” Frankly I find this quite ridiculous. Let’s make this very ...