Search results
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.
A portfolio of remarkable companies. At Northern Rock, we combine long-term capital and premier leadership with the unique character of each business we acquire - all to achieve uncommon levels of performance.
Jan 15, 2023 · The nationalisation of Northern Rock was seen as a significant moment in the global financial crisis, as it was one of the first major banks to experience financial difficulties, and it highlighted the risks of banks that had lent out too much becoming overly-reliant on short-term wholesale funding.
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
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...
People also ask
Is Northern Rock a bank?
What does Northern Rock do?
What makes Northern Rock unique?
What is Northern Rock's business model?
Oct 2, 2017 · Award-winning journalist Robert Peston, who broke the story of Northern Rock and covered the ensuing run on the bank, its eventual collapse, and the global crash that followed, reflects back...
- 7 min
- 8.6K
- RSA