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In page NBNK Investments:

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In July 2010 it was reported that the nationalised British bank Northern Rock was a prime target for NBNK Investments.[1] UK Financial Investments Limited, owners of Northern Rock, had been briefed on the proposals.[2] On 4 November Gary Hoffman left Northern Rock to become CEO at NBNK Investments on 1 May 2011. Due to Hoffman's previous position NBNK Investments could not table a bid for Northern Rock for a period of 12 months.[3] In November 2011 it was announced that Virgin Money would be buying Northern Rock.[4]