Rock shareholder warns Treasury
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Northern Rock shareholder SRM warns the Treasury not to nationalise Northern Rock for less than a fair price.
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Shares in troubled British bank Northern Rock were suspended on Monday as the group, devastated by the global credit crunch, said it would be taken into public ownership in the coming days.
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Fears grew on Saturday that panic among  savers at British bank Northern Rock  will see a run of  withdrawals after reports that 1 billion pounds had already  been taken out.
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Business & money: Government to get tough with bidders for Northern Rock during crisis meetings
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Staff at National Irish and Northern Banks must be protected if the institutions are sold, a leading finance union warned today. Larry Broderick, general secretary of the Irish Bank Officials Association (IBOA
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Â· Company faces insolvency without Â£400m cash boostÂ· Public-private deal was driven by Treasury
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Business & money: Â· Angry shareholders fail to block remuneration policy Â· Â£20m cap on individual rewards is removed
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Concerns about a slump in UK house prices may damage chances of selling Northern Rock, a report says.
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Treasury broadens its support as fears grow that stricken bank will have to be nationalised
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A Monaco-based fund which holds a stake in SK Corp threatened yesterday to take legal action against a corruption-tainted chief executive at the company, South Korea&#39;s largest oil refiner.
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Business & money: Bank to see off shareholder revolt but hopes of private-sector rescue dwindle further
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Northern Rock is likely to be grilled by shareholders over its sale process at a key meeting later on Tuesday.
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The chairman of mining company Rio  Tinto Ltd/Plc  wrote to shareholders on Sunday,  urging them to take no action on a bid for the company by rival  miner BHP Billiton .
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Xstrata yesterday threatened to withdraw its hostile Â£2.9 billion takeover offer for WMC if the Australian miner indicated it would dilute value by paying out up to A$1 billion in cash to shareholders.
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Ailing British bank Northern Rock  is not a "lame duck" and its value is far higher than its current share price, its biggest investor said on Monday as it sought backing to prevent a hasty rescue deal.
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The recent financial markets chaos which plagued banking group Northern Rock could put the brakes on Britain&#39;s economic growth, the OECD research institute warned Thursday.
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BHP Billiton shareholders are about to be rewarded directly from the torrents of cash coursing through the giant resources group. Perversely, that may make some of them quite unhappy.