Nationalised Northern Rock split into two

Nationalised Northern Rock was split into two today as the race to take over the “good” part of the bank stepped up a gear.

Nationalised Northern Rock split into two
Mon, 04 Jan, 2010 - 12:33

Nationalised Northern Rock was split into two today as the race to take over the “good” part of the bank stepped up a gear.

The state-owned lender spun off a savings and mortgage bank called Northern Rock plc on January 1 – effectively the good bank that will be sold off into the private sector.

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CourtsBusinessHeathrowPlace: YorkshirePlace: UKPerson: Jayne-Anne GadhiaPerson: Sandy ChenPerson: Vernon HillPerson: Gary HoffmanOrganisation: Nationalised Northern RockOrganisation: Northern Rock PLCOrganisation: Northern Rock Asset ManagementOrganisation: Virgin MoneyOrganisation: Northern RockOrganisation: National Australia BankOrganisation: ClydesdaleOrganisation: Lloyds Banking GroupOrganisation: Royal Bank of ScotlandOrganisation: Panmure GordonOrganisation: Metro Bank
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