Posts Tagged ‘split Northern Rock’

Split Bank Before Sale

Friday, June 12, 2009 20:42 No Comments

According to investment bankers examiming the feasibility of a sale of the Northerrn Rock, it is learnt that the bank should be split into two businesses, with retail deposits in one unit and mortgages in the other.
Under such an arrangement, which is one of a number of options being considered, the Treasury would try to [...]

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