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Northern Rock (Asset Management) plc · Newcastle United Kingdom

Northern Rock House,
Gosforth
Phone: +44-191-285-7191
NewcastleFax: +44-191-284-8470
NE3 4PL
United KingdomMap Map This Company
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Northern Rock (Asset Management) plc Rankings

Company Description

A longtime financing cornerstone for UK home buyers, Northern Rock hopes its restructuring efforts help keep it afloat. Northern Rock (Asset Management), or NRAM, is the new name for the so-called "bad bank" asset management arm that remained after the operations of UK mortgage lender Northern Rock were spun off into a new company. NRAM owns and services most of the former Northern Rock's existing mortgage accounts, while the new Northern Rock offers new mortgages and savings accounts. In 2008 the British government nationalized Northern Rock, which had been snared by the global credit crisis. The company was split into two parts in early 2010.

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Financials

Company TypeGovernment-ownedHeadquarters
Fiscal Year-EndDecember
Employees1,324

Executives

13 executives listed for Northern Rock (Asset Management) plc's Newcastle, United Kingdom location.

ChairmanRichard PymE-mail
CEO and DirectorRichard BanksE-mail
Interim CFOHugh GrahamE-mail

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