Some 27,000 customers of banks that were nationalised during the 2008 banking crisis have had their mortgages sold to a consortium led by the US bank JP Morgan. The sale of the £2.7bn bundle of mortgages, branded Northern Rock and Bradford & Bingley, was welcomed by the chancellor, George Osborne, who said any proceeds would […]
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JP Morgan leads purchase of £2.7bn mortgage bundle from UK banks | Business | The Gua
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