B&B, Northern Rock To Merge Bad Banks

25 Jan 2010

The European Union reportedly will approve plans to merge the toxic assets of Bradford & Bingley and Northern Rock into a single so-called bad bank.

The European Union reportedly will approve plans to merge the toxic assets of Bradford & Bingley and Northern Rock into a single so-called bad bank. The U.K. government would hold the buy-to-let mortgage book of B&B as well as the bad loans from Northern Rock. B&B and Northern ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.