Rock chiefs order probe into ex-bosses' conduct

Northern Rock confirmed today that its new bosses have launched an investigation into whether legal action can be taken against the now nationalised bank’s former board.

Rock chiefs order probe into ex-bosses' conduct

Northern Rock confirmed today that its new bosses have launched an investigation into whether legal action can be taken against the now nationalised bank’s former board.

Executive chairman Ron Sandler has instructed the bank’s lawyers, Freshfields, to review the previous board’s conduct during its time presiding over Northern Rock and its near-collapse last autumn.

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