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Sale of £13.3 billion worth of Northern Rock assets examined

12 September 2016

The Public Accounts Committee examines whether the sale of £13.3 billion of former Northern Rock loans and mortgages was structured in a way to deliver value for money for the taxpayer.

Witnesses

Monday 12 September 2016, Committee Room 15, Palace of Westminster

At 4.00pm

  • Jerome Henrion, Head of the Financial Institutions Solutions Group, Global Markets, Credit Suisse
  • Andrew Bailey, Chief Executive, Financial Conduct Authority
  • David J. Teitelbaum, Head of European Advisory Offices and Senior Managing Director, Cerberus European Capital Advisors LLP

At 4.30pm

  • Charles Roxburgh, Second Permanent Secretary, HM Treasury
  • James Leigh-Pemberton, Chairman, UK Financial Investments
  • Ian Hares, Chief Executive, UK Asset Resolution

Further information

Image: iStockphoto