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People queuing at a branch of the Northern Rock bank in Brighton on 14 September 2007. In 2008 the Northern Rock bank was nationalised by the British government, due to financial problems caused by the subprime mortgage crisis. In 2010 the bank was split into two parts (assets and banking) to aid the eventual sale of the bank back to the ...
People queuing at a branch of the Northern Rock bank in Brighton on 14 September 2007. The Bank of England extended emergency loans totalling £25 billion to Northern Rock after it was unable to continue funding its loan book with wholesale financing in 2007. This triggered a public run on the bank. Attempts were made to find a private sector ...
Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne , United Kingdom, Northern Rock was originally a building society . It demutualised and became Northern Rock bank in 1997, when it floated on the London Stock Exchange with the ticker symbol NRK.
The Northern Rock (Asset Management) was initially based on the same large site at the Regent Centre in Gosforth, Newcastle upon Tyne as the Northern Rock bank until 2013, when the staff moved to UKAR's other sites in Doxford and Bingley. [24] The registered office was also initially Northern Rock House but is now in Bingley.
A branch of the Northern Rock with Virgin Money branding on Briggate in Leeds. On 13 October 2007, Sir Richard Branson announced that Virgin Group were putting together a consortium of financiers to propose to plough millions into the troubled Northern Rock bank and in return take an approximate 30% stake in the business, bringing the current financial products offered by Virgin and combining ...
Two of Northern Rock's other buildings on the site were completed in the 1990s; two further buildings were built in the early 2000s. The 1960s tower building also housed a branch of the Northern Rock bank. Northern Rock had financial difficulties in 2007 due to the subprime mortgage crisis and was nationalised in 2008.
Northern Rock Foundation was an independent charity and company limited by guarantee in the United Kingdom. It was formed in 1997 when the Northern Rock company was floated on the stock exchange. Following the near-collapse of the bank and its nationalisation by the UK government, followed by the eventual sale of part of it to Virgin Money. The ...
Northern Bank headquarters in May 2010. The Northern Banks Headquarters in Belfast is the head office of Danske Bank in Northern Ireland after being acquired by Danske Bank in 2005. [1] It is located in Donegall Square West and was the location of the infamous Northern Bank robbery which is the largest bank robbery in British history. [2]