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Top News In ஒன்றுபட்டது கிஂக்டம் சொத்து தீர்மானம் Today - Breaking & Trending Today

B-North, a Fintech Building an SME Lending Bank, Makes New Hires, Focused on Acquiring Banking License


B-North, a Fintech Building an SME Lending Bank, Makes New Hires, Focused on Acquiring Banking License
Manchester-based
B-North, the challenger developing an SME lending bank for the United Kingdom, has hired five more professionals to support its finance and risk departments.
David Travis has joined as B-North’s Secretary and General Counsel,
Andrea Harrison will be serving as Head of Financial Reporting and Control;
Simon Nicholson has been appointed as Risk and Compliance Manager;
Faye Comerford is the new Financial Crime Manager and Deputy Money Laundering Reporting Manager; and
Sarah Hewitt will be now be working as Underwriter, Credit Risk. ....

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Last part of Northern Rock is sold by Government more than a decade on from bailout


Last part of Northern Rock is sold by Government more than a decade on from bailout
The body set up to take charge of parts of Northern Rock and other failed banks has sealed a £5bn deal for their assets
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UK Government completes final £5 billion sale of Bradford & Bingley plc and NRAM Limited


Date Time
UK Government completes final £5 billion sale of Bradford & Bingley plc and NRAM Limited
This final sale constitutes a significant milestone in the work to achieve the government’s objective of returning the institutions brought into public ownership as a result of the 2007-2008 financial crisis to private ownership.
The sale was approved following a competitive auction process and will see Bradford & Bingley (B&B) and NRAM, together with their remaining mortgages and loan portfolios, sold to a consortium comprising Davidson Kempner Capital Management LP (Davidson Kempner) and Citibank (Citi). The majority of the financing for the transaction is being provided by funds managed by Pacific Investment Management Company LLC (PIMCO). ....

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