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Northern Rock, originally a UK bank, was nationalized in 2008 during the financial crisis. It was subsequently restructured and its assets were sold off in parts. As of now, the Northern Rock brand and its banking operations are owned by Virgin Money, which acquired the bank in 2012.

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2w ago

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What happened to the British bank Northern Rock?

The British bank Northern Rock was purchased by Virgin Money in 2012. Northern Rock had to be bailed out by the Bank of England in 2007 and was nationalized in 2008. It was then divided into two parts, the profitable part being sold to Virgin Money and the unprofitable part Northern Rock Asset Management remaining under government ownership.


Where is Northern Rock Savings located?

"The Northern Rock Savings is located In the UK. This is a very popular bank there, where many people put there trust into this bank. Its located in the northern part of the UK for east access."


What services are offered by the Northern Rock bank?

Northern Rock Bank was a British bank most recently owned and operated by Virgin Money. It worked as other banks do as well as money market funding before going bad.


What is northern rock savings benefits?

Northern Rock was a British bank that was acquired by Virgin Money (owned by the Virgin Group) in 2012. Virgin Money offers several savings accounts for in-bank and online banking needs.


Where can one refinance Northern Rock personal loans?

One can refinance Northern Rock personal loans at any bank he or she trusts. One only needs to be a customer at this bank and can refinance any loans he or she desires to refinance.


Where can you find more information about northern rock?

The best reference for northern rock concerns a bank in London, England. This bank is unique in that it borrowed money from the government and then customers pulled out their money. The internet, or news articles is the best way to learn more about this.


What bank now owns Wachovia?

Wells Fargo Bank owns it now.


Who owns your money in a bank account you or the bank?

The person whose name is on the account owns the money. The bank holds it for them.


When was Norther Rock plc founded?

Northern Rock plc (Public Limited Company) was formed way back in 1850 but has changed owners and names throughout its long lifetime. Today, Northern Rock plc is a bank operated by Virgin Money.


Who owns and what bank is in with smithbarney?

No one can give a answer WHO OWNS SMITHBARNEY


Who owns ulster bank?

The Royal Bank of Scotland.


Who now owns the bowery savings bank?

As of January 2011, Capital One Bank owns all Bowery Savings Bank accounts.