Barclays is willing to consider offers for its asset management division Barclays Global Investors (BGI).
The bank is about to sell iShares, which is part of BGI, for £2.8bn to private equity group CVC Capital Partners, and is now looking into selling the whole division for at least £8bn.
While numerous parties are interested in buying BGI, Barclays has not received any formal bids and is not undergoing discussions about a deal.
It is believed that the division is more likely to attract interest from trade buyers than private equity.
A substantial part of BGI is comprised of actively managed funds. It also runs a securities lending business.
Barclays has not taken advantage of the government's emergency funding, neither has it taken part in its insurance scheme for distressed assets.
