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Northern Rock Small Shareholders' Group: Lost opportunity in Northern Rock sale
http://nrssg.blogspot.com/2011/11/lost-opportunity-in-northern-rock-sale.html
Northern Rock Small Shareholders' Group. Thursday, 17 November 2011. Lost opportunity in Northern Rock sale. The news today that the Government has sold our bank to Virgin Money is a great disappointment and a lost opportunity. The deal in my view significantly undervalues the long term worth of a newly capitalised bank with few poor debts. No doubt the name will be swept away and replaced by one which has been used for cola, wedding dresses and a plethora of unsuccessful business activities. Membership ...
Northern Rock Small Shareholders' Group: North Rock in Private Eye Nov 2011
http://nrssg.blogspot.com/2011/11/north-rock-in-private-eye-nov-2011.html
Northern Rock Small Shareholders' Group. Wednesday, 30 November 2011. North Rock in Private Eye Nov 2011. Just how good a banker is Richard Branson? Well he’s not really a banker at all, according to the latest figures from his Virgin Money group, which will soon be replacing the Northern Rock name on the high street. Does the lack of Virgin banking experience suggest that Northern Rock is seen more as an investment than a career, with the aim of selling off in part, via a flotation, or whole to a bigger...
Northern Rock Small Shareholders' Group: November 2010
http://nrssg.blogspot.com/2010_11_01_archive.html
Northern Rock Small Shareholders' Group. Friday, 5 November 2010. Result : Hoffman waives payments. The Journal in Newcastle is reporting that t he outgoing chief executive of Newcastle-based nationalised bank Northern Rock. Has bowed to pressure by waiving his salary, pension and benefits for the period. Of his gardening leave. Thursday, 4 November 2010. Northern Rock Chief Executive steps down. Northern Rock today confirmed Gary Hoffman has stepped down as chief executive with immediate effect. 8220;Th...
Northern Rock Small Shareholders' Group: November 2011
http://nrssg.blogspot.com/2011_11_01_archive.html
Northern Rock Small Shareholders' Group. Wednesday, 30 November 2011. North Rock in Private Eye Nov 2011. Just how good a banker is Richard Branson? Well he’s not really a banker at all, according to the latest figures from his Virgin Money group, which will soon be replacing the Northern Rock name on the high street. Does the lack of Virgin banking experience suggest that Northern Rock is seen more as an investment than a career, with the aim of selling off in part, via a flotation, or whole to a bigger...
Northern Rock Small Shareholders' Group: July 2012
http://nrssg.blogspot.com/2012_07_01_archive.html
Northern Rock Small Shareholders' Group. Sunday, 1 July 2012. Labour's chickens come home to roost - again. The fine of £290 million levied against Barclays Bank for a “fancy fiddle” in the financial markets will infuriate and confuse personal and business customers in equal measure. Who exactly is being punished, and for what? The “fine” will most likely come out of the pot available for lending, rather than the pockets of the guilty. And they want a banking crisis “never again” to happen, b...The banks...
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Northern Rock Small Shareholders' Group
Northern Rock Small Shareholders' Group. Sunday, 1 July 2012. Labour's chickens come home to roost - again. The fine of £290 million levied against Barclays Bank for a “fancy fiddle” in the financial markets will infuriate and confuse personal and business customers in equal measure. Who exactly is being punished, and for what? The “fine” will most likely come out of the pot available for lending, rather than the pockets of the guilty. And they want a banking crisis “never again” to happen, b...The banks...
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