Northern Rock FD banned and fined £320,000
People Business

Northern Rock FD banned and fined £320,000

16y Gavin Hinks

Northern Rock FD banned and fined £320,000

Bank FD guilty of misrepresenting mortgage arrears Read More...

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FD leaves Rock to focus on FSA probe
People Business

FD leaves Rock to focus on FSA probe

16y Rachael Singh

FD leaves Rock to focus on FSA probe

Northern Rock Asset Management FD David Jones steps down to concentrate on an ongoing FSA investigation Read More...

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Northern Rock CFO steps down due to FSA probe
People Business

Northern Rock CFO steps down due to FSA probe

16y Rachael Singh

Northern Rock CFO steps down due to FSA probe

The finance director in charge of bailed-out bank Northern Rock Asset Management steps down following an FSA probe Read More...

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No compensation for Rock shareholders: BDO
Business Recovery

No compensation for Rock shareholders: BDO

16y David Jetuah

No compensation for Rock shareholders: BDO

Andrew Caldwell, BDO's valuer for Northern Rock says former shareholders will not receive any cash back for their stake in the nationalised bank Read ...

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McConville joins Northern Rock as CFO
Company News

McConville joins Northern Rock as CFO

16y Kevin Reed , Writer

McConville joins Northern Rock as CFO

Lloyds finance expert Jim McConville joins Northern Rock as CFO Read More...

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Former Abbey FD joins 'new Northern Rock' board
Company News

Former Abbey FD joins 'new Northern Rock' board

17y Kevin Reed , Writer

Former Abbey FD joins 'new Northern Rock' board

Mark Pain to serve as a non-exec at renewed Northern Rock Read More...

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Floundering Rock valued at £5.68bn in the red
Business Recovery

Floundering Rock valued at £5.68bn in the red

17y David Jetuah

Floundering Rock valued at £5.68bn in the red

Administrators would have been unable to sell off Northern Rock whole, forcing a break-up of the assets to realise value and leading to a deficit of £...

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Northern Rock shareholders will not receive compensation, says BDO
Business Recovery

Northern Rock shareholders will not receive compensation, says BDO

17y David Jetuah

Northern Rock shareholders will not receive compen...

BDO valuations expert Andrew Caldwell sets out his provisional views on Rock valuation and on the amount of any compensation payable to former shareho...

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Skipton Building Society appoints new FD
Company News

Skipton Building Society appoints new FD

17y Kevin Reed , Writer

Skipton Building Society appoints new FD

Tom Wood takes on the group FD post at Skipton, as Richard Twigg moves to an MD role Read More...

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More competition needed in banking sector: Darling
Business Recovery

More competition needed in banking sector: Darling

17y Accountancy Age

More competition needed in banking sector: Darling

Competition is `essential' ingredient for growth. Read More...

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Northern Rock shareholders take government to High Court
Politics

Northern Rock shareholders take government to High Court

17y Mario Christodoulou

Northern Rock shareholders take government to High...

Former shareholders in nationalised bank fear little or no compensation from Treasury Read More...

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On the money with Gavin Hinks
Audit

On the money with Gavin Hinks

17y Gavin Hinks

On the money with Gavin Hinks

Word reaches us that the queue of people lining up to pitch for the work valuing failed bank Bradford & Bingley is much longer than the one that forme...

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NAO slams Northern Rock systems
Business Recovery

NAO slams Northern Rock systems

17y Accountancy Age

NAO slams Northern Rock systems

Government feared a second run on the bank because computer systems were too slow Read More...

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Former Northern Rock CFO to take up UBS role
Company News

Former Northern Rock CFO to take up UBS role

17y Rachael Singh

Former Northern Rock CFO to take up UBS role

Two former CFO's to join the board of directors at bank UBS Read More...

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ICAEW head to recommend Bradford & Bingley valuation expert
Company News

ICAEW head to recommend Bradford & Bingley valuation expert

17y Accountancy Age

ICAEW head to recommend Bradford & Bingley valuati...

Michael Izza to recommend expert to decide compensation payment for Bradford & Bingley shareholders Read More...

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Shareholders plan Northern Rock appeal
Corporate Finance

Shareholders plan Northern Rock appeal

17y David Jetuah

Shareholders plan Northern Rock appeal

Northern Rock shareholders are considering taking their case to the European courts Read More...

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Rock valuation branded a 'charade' at the High Court
Business Recovery

Rock valuation branded a 'charade' at the High Court

17y David Jetuah

Rock valuation branded a 'charade' at the High Cou...

Legal eagle representing RAB Capital pans the terms of the government's compensation scheme order as an 'elaborate and sophisticated charade' Read Mo...

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Godbehere to depart the Rock
Company News

Godbehere to depart the Rock

17y David Jetuah

Godbehere to depart the Rock

The financial director parachuted in to sort out the embattled bank's books is to step down from the board on January 31, before officially leaving at...

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BDO's Rock valuation at centre of High Court showdown
Business Recovery

BDO's Rock valuation at centre of High Court showdown

17y David Jetuah

BDO's Rock valuation at centre of High Court showd...

Shareholders and investors demand radical changes to the contract terms Read More...

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FRC reveals plans to turn up heat on auditors
Audit

FRC reveals plans to turn up heat on auditors

17y Gavin Hinks

FRC reveals plans to turn up heat on auditors

Auditors need to be aware that the FRC will be watching even in these tough economic times Read More...

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No legal action against PwC for Rock audit
Accounting Firms

No legal action against PwC for Rock audit

18y David Jetuah

No legal action against PwC for Rock audit

PricewaterhouseCoopers will not be dragged through the courts by management of Northern Rock after forensic probe Read More...

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BDO confirmed as Northern Rock valuer
Company News

BDO confirmed as Northern Rock valuer

18y David Jetuah

BDO confirmed as Northern Rock valuer

Treasury appoints Andrew Caldwell to put a value on stricken mortgage lender before it was taken into state ownership. Read More...

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BDO to be named Rock valuer
Company News

BDO to be named Rock valuer

18y Alex Hawkes

BDO to be named Rock valuer

Mid-tier firm to be asked to look at how much Northern Rock was worth without government help Read More...

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