Get notifications in real-time for staying up to date with content that matters to you.
Embattled UK bank Northern Rock has singled out a Richard Branson-backed Virgin Consortium as the preferred bidder for the company.
Bryan Sanderson, chairman of Northern Rock, said: “This is very good news for Northern Rock. Over the last few weeks and months we have looked at the issues from the perspective of all stakeholders… and [I] am pleased that a solution that firmly restores the company’s prospects has been identified.”
Who do you aggregate through?
Thank you for your vote, you can see the results here.
Lending officer sentenced for giving misleading information
A former lending officer has been sentenced in court after pleadi...
VOI rule changes postponed due to COVID
ARNECC has advised that it has reassessed its proposed amendments...
Bank automates pre-approval process
A non-major lender has announced changes to its pre-approval proc...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of The Adviser.
Receive breaking news direct to your inbox each day
