Austrian Trade Union Federation-controlled Bagwag Bank has been officially put on the market, with US investment bank Morgan Stanley handling the sale. The bank was tainted by scandal last year when i... [more]

Lloyds TSB is rumoured to be selling its insurance arm Scottish Widows. Analysts predict that Lloyds, who will reportedly ask £10bn for the sale, would be able to sell Scottish Widows for more than it... [more]

HBOS, the UK listed bank, has reportedly appointed Deloitte to find buyers for its PaymentShield mortgage insurance arm. Potential buyers have been named as Aviva and Prudential, both UK-listed insura... [more]