A Primer For European Bank Runs
* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank deposit...
* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank deposit...
HuffingtonPost.com | Alicia Ciccone | Posted 11.21.2011
First space travel, now banking? Sir Richard Branson, billionaire entrepreneur, global philanthropist and member of the HuffPost Small Business Board ...
The Guardian | Jill Treanor | Posted 05.25.2011
City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can revea...
Times Online | Robert Lindsay | Posted 05.25.2011
Stephen Hester, the chief executive of Royal Bank of Scotland (RBS), admitted to a parliamentary hearing today that even his parents believed that he ...
AP | RAPHAEL SATTER | Posted 05.25.2011
LONDON — The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchan...
Ellen Brown | Posted 05.25.2011
Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?
Ben Cohen | Posted 05.25.2011
As a free market ideologue, Matt Ridley should embrace the death of a bad idea -- it is natures way of saying "sorry buddy, you're wrong."
New York Times | JULIA WERDIGIER | Posted 05.25.2011
The British government announced Sunday that it would bring Northern Rock, the struggling mortgage lender, under its control. It was the first nationa...
Reuters | Steve Slater | Posted 05.25.2011
A consortium led by Richard Branson's Virgin Group has been picked as the preferred bidder to rescue Northern Rock and plans to repay 11 billion pound...
The Guardian (U.K.) | Larry Elliott and Ashley Seager | Posted 05.25.2011
The government last night issued an emergency pledge to Northern Rock savers that their money is safe, after a third day of queues outside branches th...
Reuters | Posted 05.28.2012