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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.
Jan 17, 2023 · Lawyers are seeking compensation of at least £150mn on behalf of thousands of mortgage borrowers who believe they have been unfairly charged high standard variable rates, after the loans were ...
- Emma Dunkley
Sep 11, 2017 · Northern Rock was an obvious first casualty. The BBC broke the news that it needed Bank of England support 10 years ago tomorrow, and the day after there were queues outside branches, the first...
Sep 13, 2017 · A decade on from the run on Northern Rock, the first on a British lender since 1866, these charts show the extent to which the UK banking landscape has changed. 1. Funding. The collapse of ...
- Emma Dunkley
May 16, 2024 · The Northern Rock Shareholder Action Group (NRSAG) wants "fair compensation" for shares that were valued at zero when the bank was nationalised in 2008. The group has asked the Treasury Select...
How did a U.K. mortgage bank become the first victim of the global financial crisis in 2007? This article analyzes the causes and consequences of the Northern Rock bank run, which was triggered by a liquidity crisis rather than a loss of confidence.
Northern Rock was an obvious first casualty. The BBC broke the news that it needed Bank of England support 10 years ago tomorrow, and the day after there were queues outside branches, the first...
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