Shareholders accuse Northern Rock
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Business & money: Investor group says board withheld information and  threatens class action suit against the bank.
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Â· Run on Northern Rock escalatesÂ· Fears over second bankÂ· Intervention too slow, say critics
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Shares in troubled mortgage lender Northern Rock rose on a promise by the central bank to back its deposits, but worried customers continued to line up Tuesday to withdraw their savings.
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British Prime Minister Gordon Brown defended his decision to nationalize the struggling lender Northern Rock but some shareholders are threatening legal action.
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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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Chancellor of the Exchequer Alistair Darling on Sunday defended his handling of the crisis at troubled bank Northern Rock, after a highly critical report by an influential committee of lawmakers.
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As criticism mounted yesterday over Banknorth Group's pending deal with a Canadian bank, chief executive William J. Ryan defended his decision to sell a majority stake in New England's largest independent bank, saying it is in the shareholders' best interest.
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As criticism mounted yesterday over Banknorth Group&#39;s pending deal with a Canadian bank, chief executive William J. Ryan defended his decision to sell a majority
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DISGRUNTLED shareholders of Prudential will this week demand urgent talks with Rob Rowley, the companyâs senior independent director, to express their frustration at the insurerâs decision to raise Â£1 billion in a rights issue.
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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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Northern Rock will hold an emergency meeting for shareholders on its sale process on 15 January.
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Business & money: Bank admits it was warned on more than one occasion amid fierce criticism from shareholders
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Northern Rock, the British bank nearly sank by the global credit crunch, faced a shareholder vote Tuesday over plans to limit management's ability to sell the group without consulting investors.
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Criticism grows over the Government's rescue of Northern Rock and its savers even as the run on the bank seems to have eased.
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Northern Rock shares have a turbulent time after a week in which its stock tumbled in the wake of a credit crisis.
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Business & money: Government to get tough with bidders for Northern Rock during crisis meetings
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British Prime Minister Gordon Brown defended on Monday his decision to nationalise troubled lender Northern Rock in the face of fierce criticism and questions over his reputation for economic competence.