Northern Rock

Hermitage Capital, a London fund manager, has started legal proceedings in the US that will seek to connect Renaissance Group, a leading Moscow investment bank, to alleged fraud and money laundering involving the theft of hundreds of millions of dollars...

In London, markets experienced strong, early growth, with banks and miners leading the pack. The FTSE 100 added 40.81 points (0.93%) to 4,429.56 by mid-morning.

The perception is the European Central Bank has been an outstanding laggard in its policy responses, that it lacks a clear mandate, and has too many people (22) sitting on its governing board to be aggressive.

The FSA has admitted failing to adequately regulate Northern Rock and said it would be overhauling i...

Banking shares were buoyed in early morning trading on hopes of higher dividends and the Northern Ro...

RAB Capital has written to shareholders of troubled bank Northern Rock topersuade them to vote to k...

The battle to buy Northern Rock has intensified with rumours that J.C Flowers will improve...

Hedge fund SRM Global has increased its stake in Northern Rock to 8.5% and is now the mortgage bank'...

A consortium led by Richard Branson's Virgin Group has been picked as the preferred bidder to rescue ...

Shares in Northern Rock fell a further 40% in early morning trading to a low of 60p and trading was ...