Richard Pym to chair Northern Rock ?bad bank?

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Richard Pym to chair Northern Rock ?bad bank?

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12-15-2009, 10:23 PM

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Richard Pym to chair Northern Rock ?bad bank?

Richard Pym, the chairman who was appointed to stabilise Bradford & Bingley last year, is to oversee Northern Rock’s ‘bad bank’ operations. It was announced earlier this month that nationalised Northern Rock would be split into two, after receiving the necessary approval from the European Union (EU). New Years Day is the date that has been agreed [...]

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