Customers queuing outside Northern Rock in Bromley, Kent in September 2007. Image - Gareth Fuller/PA Wire September 13th 2007 will be forever etched on the minds of people who banked with Northern ...

Monday morning is never a quiet time for a Main Street bank. At branches of Northern Rock, a British lender, the lines outside extend even further than usual. But it’s not exactly welcome business.

LONDON (MarketWatch) -- The U.K. Treasury said Friday that it has acquired all the shares in Northern Rock, including all options and other entitlements, after a bill allowing the bank to be ...

UK taxpayers are expected to make a net profit of up to £11bn from the nationalisation and resale of Northern Rock, according to UKFI. UKFI, the body that controls the Government stakes in bailed-out ...

Do Gordon Brown and Alistair Darling share a fantasy: do they imagine themselves triumphantly working the same kind of turnaround on Northern Rock that Christopher Flowers, the billionaire private ...

LONDON (Reuters) - The government should not pay any compensation to Northern Rock investors as shares in the troubled bank were worthless when it was nationalised, a state-appointed valuer said on ...

(Reuters) - Northern Rock faced long queues of customers looking to withdraw savings and a plunging share price on Monday, after the Bank of England stepped in last week to rescue the country's ...

When it comes to innovation in ABS, UK mortgage bank Northern Rock is so far ahead of the pack that there was really only one contender in the field this year. Almost every significant development in ...

LONDON (MarketWatch) -- Stricken U.K. mortgage lender Northern Rock said Thursday that its CEO Adam Applegarth will leave with immediate effect and will be replaced by Andy Kuipers. Applegarth said in ...