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    1. December 2, 2014

      Should you accept UK government’s Pibs tender offer?

      UK Asset Resolution is offering to buy out holders of three “perpetual subordinated bonds” issued by failed banks Northern...

    2. November 28, 2014

      UKAR offers to buy back subordinated debt

      The government has offered to redeem subordinated bonds in nationalised lenders Northern Rock and Bradford & Bingley at a...

    1. October 14, 2014

      UK Asset Resolution secures £2.7bn for mortgage portfolio

      UK Asset Resolution, which is selling off the loan books of Northern Rock and Bradford & Bingley, has sold a portfolio of...

    2. September 21, 2014

      UK’s biggest buy-to-let landlords near sale

      Fergus and Judith Wilson, Britain’s biggest buy-to-let landlords, are a step closer to selling their entire property...

    3. February 12, 2014

      Banks face new bill over Iceland financial collapse

      British banks face a new, multimillion pound bill to compensate savers who lost money when Iceland’s banking system...

    4. January 22, 2014

      The man to thank – or to blame – for the meerkats

      A lad from Bingley starting out in financial services would always be expected to join the Bradford and Bingley, the now...

    5. December 12, 2013

      Ex-finance director of Bradford & Bingley fined £30,000 by FCA

      The former finance director of Bradford & Bingley has been fined £30,000 by the UK regulator for failing to provide the...

    6. September 20, 2013

      Europe’s banks slog to exit bailouts

      In all the euphoria around the UK government’s first move this week to reprivatise Lloyds Banking Group, it is easy to...

    7. August 15, 2013

      A bigger name for UKAR shouldn’t mean a longer life

      It doesn’t sponsor a sports team, plaster its name on London bikes or run a multimedia campaign based on annoyingly...

    8. August 15, 2013

      UK state-owned ‘zombie bank’ builds brand

      The UK’s state-owned “zombie bank” responsible for winding down Northern Rock’s mortgages is attempting to become a brand in...

    9. July 19, 2013

      Don’t bank on a Glass-Steagall fix

      Five years after the financial crisis, regulators and politicians are enjoying a second wind in their efforts to rein in the...

    10. July 18, 2013

      JC Flowers to buy loans from state-owned Northern Rock

      US private equity investor JC Flowers is poised to buy £450m of loans from Northern Rock as the government accelerates the...

    11. FT Alphaville

      July 16, 2013

      A mere £141bn

      From the UK National Audit Office’s look at the Treasury’s accounts: Much more here. It’s largely because of the withdrawal...

    12. July 10, 2013

      Interview: Graham Beale, Nationwide chief executive

      Graham Beale is in the habit of stalking Africa’s big cats with a camera. But back at home in the UK he has a significantly...

    13. June 28, 2013

      I confess, Co-op hybrids were a mistake

      The American lawyer and polymath Edward John Phelps famously said that “the man who makes no mistakes does not usually make...

    14. June 17, 2013

      Co-op Bank, the lessons we should have learnt

      So the Co-op Bank’s permanent interest bearing shares (Pibs) and preference shares were a value trap after all. When Moody’s...

    15. June 14, 2013

      Ex-Bradford & Bingley director loses at judicial review

      The former finance director of Bradford & Bingley, which was nationalised at the height of the global financial crisis, is...

    16. April 25, 2013

      Jim O’Neil’s exit revives questions over future of UKFI

      The spotlight directed on Thursday at UK Financial Investments went down badly in the Treasury. The attention sparked by the...

    17. April 15, 2013

      UK banks must learn lessons from history

      Over the past couple of weeks, we have been treated to some powerful history lessons about Britain’s banking industry. Taken...

    18. March 25, 2013

      Nationalised lender repays £4bn

      The British government was paid back £4bn in 2012 by the company responsible for winding down the mortgage books of...

    19. March 8, 2013

      How to invest in Pibs and prefs

      Investors looking for income will inevitably discover permanent interest bearing shares (Pibs) in building societies, and...

    20. December 5, 2012

      Time to use room for manoeuvre

      Non, je ne regrette rien. This should be George Osborne’s motto. The chancellor of the exchequer cannot admit that his...

    21. October 21, 2012

      Top banker sets out vision for regulation

      Andrew Bailey has “stared into the abyss” of big bank failures and as the likely head of the UK’s new bank and insurance...

    22. September 14, 2012

      Rock collapse left many in a hard place

      Northern Rock collapsed five years ago this week, one of the first victims of the growing financial crisis. FT Money looks...

    23. September 12, 2012

      Last traces of Northern Rock name vanish

      In a few days’ time, the final traces of the Northern Rock name will disappear from UK high streets. Safety net Few of the...

    24. FT Alphaville

      July 16, 2012

      'Hi, please can you help us with our front-running. Ta!' (Updated)

      From the New York Times, a Gretchen Morgenson report into an apparently widespread practice of Wall Street analysts giving...

    25. FT Alphaville

      July 12, 2012

      Accruing an old lady

      The UK’s Office for Budget Responsibility is in desperate need of a graphic designer… Ugly and abbreviation-riddled as it...

    26. June 15, 2012

      Pibs provide hope for income seekers

      Permanent interest bearing shares (Pibs) issued by building societies – which were once a favourite among private investors...

    27. FT Alphaville

      June 11, 2012

      The day according to CDS

      There was some chatter on Monday about whether the bailout of Spain’s banks could trigger credit default swaps that...

    28. May 18, 2012

      Ex-UKFI chief Cooksey joins hedge fund

      Sir David Cooksey, the former chairman of UK Financial Investments, the vehicle that holds the government’s stake in...

    29. FT Alphaville

      May 11, 2012

      Wuthering UK master trust assets

      Aire Valley is in what’s called Brontë Country in the UK’s Pennine hills, home to the towns of Bradford and Bingley....

    30. April 20, 2012

      TPG drops out of race for GlobeOp

      GlobeOp Financial Services, the London-listed hedge fund administrator, is set to be taken over by US rival SS&C...

    31. March 30, 2012

      Santander to axe 58 branches

      Santander is to close 58 branches across the UK this year to avoid an “overlap” in towns and cities where the bank has more...

    32. March 14, 2012

      SS&C trumps TPG’s offer for GlobeOp

      US-based SS&C Technologies has made a 485p per share cash offer for London-listed GlobeOp, valuing it at £572m, trumping a...

    33. March 2, 2012

      Weak housing data worry bad bank owner

      UK Asset Resolution, the state-owned “zombie” bank that inherited the bulk of the legacy loans of failed lenders Northern...

    34. FT Alphaville

      March 2, 2012

      Snap news

      Breaking pre-market news on Friday, – German retail sales fall – Bloomberg – Rentokil year end figures – statement – Cove...

    35. February 28, 2012

      Taxpayers face 15-year Northern Rock wait

      Taxpayers will have to wait up to 15 years to recoup the money spent on rescuing Northern Rock, according to the first...

    36. February 28, 2012

      Santander: in pole position

      You’ve heard of ambulance-chasing lawyers. Now it’s banks. Trust Santander to sniff out distressed sellers when other...

    37. February 6, 2012

      TPG bid for GlobeOp under threat from rival

      TPG’s offer for London-listed GlobeOp is set to turn into a bid battle after a rival hedge-fund administrator said it was...

    38. February 1, 2012

      GlobeOp shares soar after purchase by TPG

      TPG Capital is to buy London-listed hedge fund administrator GlobeOp for £508m ($805m), in the US private equity group’s...

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