Northern Rock Plc
Events (33)
- July 25, 2007: Soon-to-Fail Northern Rock Announces Good Results 2007-07-25
- August 14, 2007: Bank of England Alerted to Problems at British Mortgage Giant Northern Rock 2007-08-14
- September 13, 2007: News of Northern Rock’s Financial Difficulties Breaks 2007-09-13
- September 14, 2007: Run on Northern Rock Begins; Queues Form Outside Branches 2007-09-14
- September 17, 2007: British Chancellor Issues Government Guarantee for All Savings in Troubled Bank Northern Rock 2007-09-17
- September 20, 2007: Bank of England Defends Handling of Northern Rock Crisis 2007-09-20
- September 25, 2007: Northern Rock Cancels Dividend, Announces Talks with Potential Buyers 2007-09-25
- October 9, 2007: British Government Extends Guarantee for Savers with Troubled Bank Northern Rock 2007-10-09
- October 12, 2007: Virgin-Led Consortium Announces Bid for Troubled Bank Northern Rock 2007-10-12
- November 16, 2007: Troubled British Lender Announces Resignation of Chief Executive 2007-11-16
- November 26, 2007: Troubled British Bank Announces Preferred Bidder 2007-11-26
- December 7, 2007: Bidder with Banking Experience Enters Race for Troubled Northern Rock, But Will Later Pull Out 2007-12-07
- December 12, 2007: Troubled British Lender Dropped from FTSE 100 2007-12-12
- Shortly Before December 25, 2007: Shareholder in Troubled British Bank Threatens Government with Legal Action 2007-12-25
- January 11, 2008: Ailing British Lender Sells Some Assets to US Bank 2008-01-11
- January 12, 2008: British Treasury Comes to Agreement with Future Head of Troubled Bank after Nationalization 2008-01-12
- January 15, 2008: Shareholders in Troubled Northern Rock Allow Management to Negotiate Sale of Bank 2008-01-15
- January 19, 2008: British Prime Minister Confirms Stricken Lender May Be Nationalized 2008-01-19
- January 21, 2008: British Treasury Announces Plan to Convert Emergency Loans to Troubled Bank into Bonds; Plan Will Not Be Implemented 2008-01-21
- January 26, 2008: British Lawmakers Criticize Financial Watchdog over ‘Systematic Failure of Duty’ 2008-01-26
- February 4, 2008: Two Bidders Submit Offers for Troubled British Lender; Neither Will Be Accepted 2008-02-04
- February 7, 2008: Debts of Ailing British Bank Added to Government Accounts due to Bailout 2008-02-07
- February 12, 2008: British Government Says Troubled Bank Will Probably Be Nationalized 2008-02-12
- February 17-18, 2008: Ailing British Mortgage Giant Is Nationalized 2008-02-17
- March 19, 2008: Nationalized British Bank Announces Third of All Employees Will Be Laid Off 2008-03-19
- March 26, 2008: British Financial Watchdog Admits Failures over Northern Rock Collapse 2008-03-26
- March 31, 2008: Nationalized British Lender Announces Loss for Previous Year; Reveals Payoff for Former Boss 2008-03-31
- April 2, 2008: Europen Union Announces Investigation into Nationalization of Troubled British Bank 2008-04-02
- May 8, 2008: Shareholders Launch Challenge to Nationalization of Troubled British Bank 2008-05-08
- May 12, 2008: Nationalized British Bank Reports Big Increase in Mortgage Arrears 2008-05-12
- July 23, 2008: Final Member of Nationalized British Bank’s Old Board of Directors Leaves 2008-07-23
- August 5, 2008: Nationalized British Bank Announces Large Loss; Government to Inject Billions 2008-08-05
- Mid-September 2007: Bank of England Tries to Find Buyer for Troubled Mortgage Giant Northern Rock