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Home : Home Mortgage Loan : Interest Only Mortgage Loan : MSN Newsfeeds : Nationalized Northern Rock loses US$1B in 1H - CNBC

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Nationalized Northern Rock loses US$1B in 1H - CNBC

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LONDON - Nationalized British bank Northern Rock on Tuesday reported a net loss of 592 million pounds (US$1.2 billion) in the first half of the year, as mortgage customers failed to make timely repayments. Last year, the then-publicly listed company ...

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