Equitable Life has decided to put itself up for sale after receiving takeover approaches, according to reports. The insurance mutual, which sensationally collapsed in 2000, was once worth £26bn. Today... [more]

Bradford & Bingley has agreed to sell a portfolio of commercial property loans of £2.0bn to GE Real Estate, following a review of the growth potential and capital utilisation of these assets.... [more]

According to reports British phone and credit-card protection-plan provider CPP is conducting a review of the business, which could result in a sale. ... [more]

According to reports sales information memoranda have now been distributed for UK-listed bank Northern Rock. ... [more]

Personal insolvency specialist Debtmatters may have effectively put itself up for sale, after announcing a suspension of all direct advertising and a strategic review of the company, looking at option... [more]

Europe’s largest independently owned insurance intermediary, Towergate, has announced the largest ever deal in its 10 year history with the acquisition of Open International Limited, the UK & Ireland’... [more]

Standard Chartered PLC has signed an agreement to acquire American Express Bank Ltd. AEB, a wholly-owned subsidiary of American Express Company, is a leading international bank present in 47 countries... [more]

American Express has put its private banking business up for sale according to reports, after a protracted anti-money-laundering case with the US Dept. of Justice was settled earlier in the month. ... [more]

Brink’s, Incorporated, a subsidiary of The Brink's Company, today announced the completion of the sale of its United Kingdom subsidiary’s domestic cash handling operations to Loomis UK Limited, a sub... [more]

Lloyds TSB has begun the process of selling its Abbey Life insurance business, after months of speculation. Lehman Brothers and Morgan Stanley have been hired to source buyers for the closed life insu... [more]

Provident Financial, the British consumer lender, has announced details of its planned spilt with its international home credit business in July. Provident has planned the demerger to enable both comp... [more]

The Board of Wilmington Group plc has confirmed that it has conducted a strategic review of its business and has concluded that Wilmington should focus on its professional markets business. This compr... [more]

Jefferies Group, Inc. has announced that it has acquired LongAcre Partners, the leading, London-based corporate advisory firm focused on the European media and online sector. This acquisition is the ... [more]

The combined boards of Investec plc and Investec Limited and the board of Kensington Group plc have announced agreement on the terms of Investec’s offer. ... [more]

Towergate, the Kent-based private insurance firm established in 1997 to provide insurance in niche markets ranging from holiday homes to cherished cars, is the subject of speculation that it could rea... [more]

Home emergency cover provider Homeserve Plc has approached household appliance warranty company Domestic & General regarding an offer for the business.... [more]

Lloyds TSB has agreed the sale of the business and assets of Lloyds TSB Registrars to Advent International for a total cash consideration of £550m. ... [more]

Support services provider Serco Group have announced an unconditionalagreement on the terms its offer for consultancy business Cornwell Management Consultants. The offer will be 40 pence in cash for ... [more]

Financial advisers Bestinvest, one of the UK's largest independent advisers and brokers, is set for a sale or flotation in a move that could see it valued at up to £150m.... [more]

Prudential plc has completed the sale of Egg Banking plc, Prudential’s UK banking business, to Citigroup for £546m, after agreeing a price of £575m in January. A slide in the bank's net asset value du... [more]