Northern Rock pays little by little !
Last week, UK Asset Resolution Limited (UKAR), the "bad seed" of the bank Northern Rock, anounced the payment of 2,15 billions pounds to the british department of finance after the 1,1 billion pounds in 2010.
The bank still owes 46,6 billions pounds to the Treasury after the British state bought out Northern Rock in 2008 to save it from bankrupcy.
UKAR, which also holds the account of lowns of Bradford & Bingley made a 1,09 billion profit in 2011. The (...)
Lloyds has announced a loss of 2,78 billions £ for the year 2011, a worst result than the year before. Details...
Bank: Northen Work
Northern Rock Building Society was formed in 1965 as a result of the merger of two North East Building Societies; the Northern Counties Permanent Building Society (established in 1850) and the Rock Building Society (established in 1865).
During the 30 years that followed, Northern Rock expanded by acquiring 53 smaller building societies, most notably the North of England Building Society in 1994.
The bank has conducted during the 2000s a policy of loan risk: much of its (...)
At the occasion of the Cards and IDentification salon in Paris, Mastercard presented a study made by TechNation on the new technologies of payments. Details...
Selftrade, a subsidiary of Boursorama the UK, obtained the banking license of the Financial Services Authority (FSA) and is a banking institution authorized to collect deposits from customers...