Morgan Stanley to get Northern Rock UKFI deal

first_imgThursday 17 February 2011 8:42 pm UK FINANCIAL Investments, the government body in charge of managing public stakes in bailed-out institutions, is soon to appoint Morgan Stanley to advise on the sale of the Northern Rock “good bank” later this year. The sale will follow the auction of 318 RBS branches sold to Santander UK last summer for £1.65bn and is likely to attract a similar set of bidders. Those interested are thought to include Virgin Money, Tesco Bank, National Bank of Australia and private equity group JC Flowers.If Morgan Stanley does sign the deal, according to Sky, it stands to earn £2m in fees. Tags: NULL Morgan Stanley to get Northern Rock UKFI deal More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse Share whatsapp KCS-content Show Comments ▼ whatsapplast_img read more