Northern Rock Sale to Mark Turning Point for U.K. Banks

Nov. 17 (Bloomberg) -- Bloomberg's Olivia Sterns reports on Virgin Money Holdings U.K. Ltd.'s agr...  More »

Nov. 17 (Bloomberg) -- Bloomberg's Olivia Sterns reports on Virgin Money Holdings U.K. Ltd.'s agreement to purchase Northern Rock Plc for 747 million pounds ($1.2 billion), marking the first sale of a British government bank holding since the 2008 financial crisis.  « Less