LONDON, Oct 26 (Reuters) - New British banking venture NBNK has submitted a bid proposal for nationalised British bank Northern Rock, two sources with knowledge of the matter told Reuters, putting ...

THE Co-operative Group is set to continue its search for a chief executive to run the 630 branches put up for sale by Lloyds after an audacious approach to the head of a rival bidder came to nothing.

British bank venture NBNK has submitted a second-round bid for about 630 Lloyds bank branches, Reuters reported Wednesday. Sun Capital and Co-Operative Financial Services have yet to put in ...

LONDON - NBNK Investments PLC Thursday made a sweetened offer for 632 branches belonging to Lloyds Banking Group PLC, as the investment vehicle ups the ante on its bid to create a challenger bank in ...

THE bank buyout vehicle run by Lord Levene is about to make another approach for the 632 Lloyds branches put up for sale as it appears a deal with the Co-operative Group could falter. NBNK is planning ...

LONDON (Reuters) - The ex-chairman of banking start-up NBNK said he was told by former Bank of England Governor Mervyn King that state-backed Lloyds Banking Group's decision to sell hundreds of ...

WL Ross & Co. is buying up between 29.9% and 37.8% of the stock of NBNK Investments PLC. The firm is paying 39 pence per share for the stake, it announced Thursday. Upon completion of the transaction, ...

Lord Levene's bid to create a new force in retail banking was thwarted for a second time last night after Lloyds Banking Group said it planned to sell more than 632 branches to the Co-op in a deal ...

LONDON, April 12 (Reuters) - New British banking venture NBNK has made a fresh bid for 632 Lloyds bank branches, putting it back in a race with shops-to-banking group The Co-Op, whose offer has run ...

New banking venture NBNK plans to submit a bid for Northern Rock after the Government lifted a ban preventing it from putting in an offer, according to reports. NBNK was launched and listed on Aim in ...

LLOYDS Banking Group is playing “hardball” with banking consolidation vehicle NBNK, according to senior sources, following the regulatory knockback the lender received during its negotiations with the ...