Northern Rock
UK banks shun short-term funding
Flighty sources of cash make up less than 4% of UK bank balance sheets
Risk USA: European banks need to change or suffer consequences
European banks need to reduce mismatches between their risk appetite and the risk appetite of investors, says Deutsche Bank chief credit officer
Capital One: banking on banking
Capital gains
Head of Lehman Brothers UK administration steps back
Insolvency veteran Lomas to head Lehman Brothers International (Europe) (LBIE) administration in Pearson's absence.
New kids on the block
As the traditional retail banking giants struggle to stay afloat, a new breed is rising to the surface
FSA Hyman ban reflects strategy change
Regulator more focused on “experience and qualifications”
UK may issue exchangeable gilts
The UK Treasury may issue bonds exchangeable into shares of Royal Bank of Scotland and Lloyds TSB, according to the asset manager responsible for the government's stakes in the two banks.
FSA expects final operational changes by October
Changes to the UK Financial Services Authority's (FSA) operational structure, prompted by failings in its supervision of Northern Rock, are due to be complete by October 1, the regulator said today.
"People should be very frightened of the FSA" warns Hector Sants
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Northern Rock reports heavy losses in 2008
Northern Rock made a loss of £1.36 billion in 2008, but said repayment of its loan from the UK government was ahead of schedule.
UK Banking Act comes into force
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Northern Rock shareholders seek compensation
Losses & Lawsuits
UK government creates £50 billion ABS fund
The UK government outlined further plans today to try to stabilise the economy and encourage banks to lend more.
UK regulators propose remedies for future mortgage bank recoveries
As a result of the fallout from the crisis at Northern Rock, the UK Treasury, Bank of England and Financial Services Authority have produced consultation papers with recommendations on how to deal with similar episodes in future.
Treasury Committee announces banking reform inquiry
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Northern Rock appoints CRO
Troubled UK mortgage bank Northern Rock has appointed Rick Hunkin as its chief risk officer. He will join the company by September 1, 2008.
European Commission investigates Northern Rock bailout
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