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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.
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 performance of the team's shirt sponsor, Northern Rock, was a source of pride; after decades of hard times following the end of shipbuilding and mining, the North East had a new economic ...
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.
The search for a solution to Northern Rock's woes began after a run on the bank last September. But the genesis of the crisis can be traced back to the beginning of the sub-prime fiasco in the US ...
Northern Rock shares rose by 16% after this was announced. Stabilisation. The announcement by the chancellor showed its intended effects the next day, as the queues outside Northern Rock's branches gradually disappeared.
The plight of Northern Rock remains a huge embarrassment for both the UK’s policymakers and its financial sector. The authorities confronted a bank run, only to end up guaranteeing the bank’s ...