Bradford & Bingley
Government raises £11.8bn with Bradford & Bingley mortgage sale
Philip Hammond says sale of loans bought by the taxpayer during the financial crisis represents value for money
Angela Monaghan
31, Mar, 2017 @9:15 AM
The Co-op Bank is the new Bradford & Bingley
The proposed sale means the prospect of an independent, ethically based challenger bank to the major high street player is dead
Patrick Collinson
13, Feb, 2017 @5:29 PM
UK Asset Resolution deal triggers bonuses for 2,000 employees
Outgoing boss Richard Banks will benefit to the tune of £211,750 after agreement to sell off mortgage processing operation
Jill Treanor
24, May, 2016 @3:00 PM
Bank bailout v Tata bailout – how the costs compare
It is less than a decade since the UK spent billions of pounds bailing out the banks. So how much would it cost to bailout Tata Steel?
Martin Belam
31, Mar, 2016 @11:37 AM
Government preparing to sell £17bn of Bradford & Bingley mortgages
Thousands of customers could be affected by move eight years after B&B was rescued by taxpayers during 2008 banking crisis
Jill Treanor
06, Jan, 2016 @6:53 PM
Northern Rock mortgages worth £13bn sold to US private equity firm
UK Asset Resolution deal with Cerberus Capital Management is the largest financial asset sale by a European government
Sean Farrell
13, Nov, 2015 @11:45 AM
Banks hit hardest in revenue-raising budget
But business leaders welcome measures to help oil and gas industries and further cuts to corporation tax
Jill Treanor
18, Mar, 2015 @7:16 PM
Santander prepares for £45m compensation payout
UK arm of Spanish bank includes amount in list of provisions, following its fine for giving unsuitable investment advice to customers
Jill Treanor
03, Feb, 2015 @4:40 PM
Government-owned ‘bad bank’ UKAR pays back another £1.6bn
Cash used to repay £48.7bn loan for looking after nationalised Northern Rock and Bradford & Bingley mortgages in 2008
Jill Treanor
30, Oct, 2014 @1:50 PM
JP Morgan leads purchase of £2.7bn mortgage bundle from UK banks
27,000 customers of Northern Rock and Bradford & Bingley will have their mortgages transferred across
Jill Treanor
14, Oct, 2014 @12:34 PM
Former Bradford & Bingley FD fined again over botched rights issue
Chris Willford failed to tell his fellow board members of the bank's worsening finances in time for the 2008 rights issue
Sean Farrell
10, Jul, 2014 @11:04 AM
Government-owned 'bad bank' UKAR issues mortgage arrears warning
Interest rate rise to 1.5% would hit 22,000 customers, says body managing mortgage books of Northern Rock and Bradford & Bingley
Sean Farrell
03, Jun, 2014 @4:07 PM
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