Division Sale News in the Professional And Financial sector

As part of a strategic review, RBS is considering a sale and leaseback of Gogarburn, its headquarters in Scotland. [more]

Gordon Brown is to provide the details of the long-planned £16bn asset sell-off in this year's pre-budget report, to include the £25bn student loan book and the betting firm Tote, which have proved difficult [more]

EU competition commissioner Neelie Kroes has ordered Royal Bank of Scotland and Lloyds Banking Group to sell off their assets. [more]

The former Burberry head office in London has been placed on the market for £20m as part of a sell-off of trophy assets in Paul Kemsley's £500m Rock p [more]

Standard Life has put its banking division on the market, and Barclays is considered to be the most likely buyer out of several interested parties. [more]

Lloyds Banking Group could put two of its regional branch networks on the market, after the European Commission raised concerns over market share and the level of state aid it has received. [more]

Both Royal Bank of Scotland and Lloyds Banking Group may be forced to sell of some of their branches to gain European Union approval for restructuring plans, according to the European competition commission. [more]

Credit Suisse has started a sale process for its London property portfolio, which could generate up to £50 [more]

Industrial property company Brixton is in the middle of discussing a takeover of over £200m of propert [more]

Barclays is willing to consider offers for its asset management division Barclays Global Investors (BGI). [more]

Barclays Bank is considering disposing of iShares, its exchange traded fund (EFT) division, in a sale that would fetch up to £ [more]

BC Partners and Apollo Management, the private equity firms, are considering putting in a bid for Royal Bank of Scotland Insurance with Patrick Snowball, the previous head of Aviva's UK operations. The £7 billion insurance unit at RBS was put o [more]

Barclays is considering the disposal of Barclays Private Equity (BPE) in order to strengthen its finances. Other options include selling some of its holdings in BPE's funds. The possible move comes ami [more]

London Scottish Bank's administrators, Ernst & Young, are going to sell off the bank's debt collec [more]

Citigroup, America's banking giant, is deliberating over selling parts or all of the company after shares fell 50 per cent over two days this week. There are concerns that similar, huge losses could threaten the bank's future. Options being considered fo [more]

HBOS, the UK-listed banking group, might decide to make disposals to boost its capital. [more]

British banking group HSBC is mulling a sale of its train-leasing division, HSBC Rail. [more]

The chief executive of Standard Life, Sandy Crombie, has suggested that the insurer may sell off its underperforming banking business, which has been experiencing liquidity problems as a result of the credit crunch. [more]

HSBC has decided to sell a large part of its French retail banking business, the move would mirror demands by a rebel investor that it reduce its presence in countries where it has little chance of gaining market leadership. [more]

The debt collection and finance group, London Scottish Bank (LSB), may sell its invoice finance business, in order to repair its capital base after breaching regulatory rules last year. [more]