Europe Breaking News: UKFI Hires UBS Banker to Run Down 'bad Bank' Loans

Now watching

Next video starts in : 7 Play

Europe Breaking News: UKFI Hires UBS Banker to Run Down 'bad Bank' Loans

Europe Breaking News: UKFI Hires UBS Banker to Run Down 'bad Bank' Loans
Replay video
Up next

Regulators ease mortgage rules

Regulators ease mortgage rules Up next

Regulators ease mortgage rules

Unlock your personal NFL Now stream by signing in to NFL.com

Europe Breaking News: UKFI Hires UBS Banker to Run Down 'bad Bank' Loans

Wochit 0:46 mins

The body charged with handling Britain's stakes in lenders has hired a senior banker from UBS to manage its holdings in the 'bad bank' books of Northern Rock and Bradford & Bingley. Britain will push ahead with its biggest privatization in decades when it unveils plans for a $3.7 billion stock listing of state postal operator Royal Mail. As many as 120,000 tweets per minute mentioned Sunday's Wimbledon final, won by Brit Andy Murray. The U.K. Twitter record exceeded a previous high set by the Spice Girls' appearance during the London Olympics closing ceremony.

View Comments (0)