JC Flowers

Six firms place bids for Spain's rescued NCG Banco

Spain's bank restructuring fund FROB on Monday announced that it had received six binding offers for a majority stake in bailed-out bank NCG Banco. Banks and private equity firms from Spain, Venezuela and US reportedly eye the NCG stake.

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Private equity firms make approaches for Lloyds' TSB- report

Lloyds' TSB business had received early approaches from private equity firms, according to a report by City A.M.

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Report: JC Flowers attractedto purchase Lloyds' TSB unit

PE firm JC Flowers had expressed its interest in Lloyds' TSB unit according to a Sunday Telegraph report without citing sources.

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UKAR sells Northern Rock portfolio for GBP400 million

UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial.

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JC Flowers buys US$682.8 million Northern Rock loans

J.C. Flowers announced that they are in the final negotiations to buy US$682.8 million worth of Northern Rock loans.

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