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]

Wolters Kluwer Law & Business has announced it has acquired the GEE portfolio of compliance products from Thomson Legal and Regulatory’s Sweet & Maxwell division. Wolters Kluwer Law & Business, part o... [more]

Winterflood Securities, the stockbroking business owned by Close Brothers, could be put up for sale as a defence against a £1.4bn takeover bid for Close by Cenkos Securities. Winterflood, the largest ... [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]

HSBC is looking to sell Marbles, one of the first online credit card businesses, which it acquired along with Household International in 2003. ... [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]

UK Casino and bingo hall operator Rank Group is said to be exploring its options regarding a sale of the assets and liabilities for its £700m pensions scheme. Should a sale be completed, it will be th... [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]

Premier Asset Management Plc has agreed to a £51.9m management buyout from Harvard, the bid company backed by private equity fund manager Electra Partners LLP and Premier's management. ... [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]