Northern Rock 'can't find buyer'
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Stricken lender Northern Rock is continuing to struggle to attract a buyer, a newspaper report claims.
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Northern Rock's  180,000 investors next week face a choice between keeping a say in the future of the troubled British bank or hampering the chance of a rescue at a critical time.
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Attempts to find an investor for bankrupt German mobile phone maker BenQ Mobile have failed, after the last potential buyer ended negotiations, the company's insolvency administrator said Sunday.
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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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The board of embattled Northern Rock PLC faced shareholders Tuesday amid growing speculation that Britain's biggest casualty of the global credit crisis will be nationalized.
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Britain deepened its involvement in stricken mortgage bank Northern Rock  on Tuesday, offering to guarantee more of its liabilities as the struggle to find a private sector acquirer for the business continues.
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The British bank could face nationalization should an effort being led by Prime Minister Gordon Brownâs government fail to find a buyer.
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Leading shares closed in positive territory with Northern Rock clawing back some of its recent losses on hopes that a mystery bidder is planning a takeover of the embattled lender.
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Embattled bank Northern Rock said on Wednesday it had been approached by several unnamed parties with a view to a possible takeover.
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Embattled British bank Northern Rock   is preparing for a sell-off that could see its 100  billion pound ($202 billion) mortgage portfolio divided between  the country&#39;s other major banks, the Sunday Telegraph said.
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The rescue of British bank Northern Rock  could get bogged down in a legal battle as shareholders criticized the government's handling of the five-month crisis just as a decision nears.
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Embattled British bank Northern Rock  is preparing for a sell-off that could see its 100 billion pound ($200.6 billion) mortgage portfolio divided between the country's other major banks, the Sunday Telegraph said.
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Victims of previous financial collapses call on government to extend Northern Rock pledge.
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Sale process for stricken bank in disarray as private equity firm fails to submit an offer
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Northern Rock  turned down an offer of 500 million pounds in funding from U.S. investment bank JPMorgan  that could have eased its liquidity problems, the Daily Telegraph said on Friday.
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LONDON, Sept. 17 -- Worried depositors lined up Monday outside branches of Northern Rock, Britain's fifth-largest mortgage lender, to withdraw their money even as top government officials promised them it was safe.
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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.