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Pimco and Davidson Kempner take final slice of UKAR assets

Northern Rock 230x150
By Tom Brown
01 Mar 2021

UK Asset Resolution has sold the last of its mortgages to Pimco and Davidson Kempner (DK) and the legal holding companies of Northern Rock and Bradford & Bingley, ending the UK government’s involvement in the crisis-stricken lenders and closing the book on the 2008 bail-outs.

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By Tom Brown
01 Mar 2021