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]

Kaupthing Singer & Friedlander (KSF), the UK arm of the Icelandic bank that collapsed in 2008, has been placed on the market by its administrators Ernest & [more]

The sale of the infamous Mayfair property, former home to the In and Out Club, has attracted the interest of foreign investors including Monte-Carlo SBM, the Monaco-based hotel and casino operator. [more]

E-Clear, the credit card processing company linked to the collapse of Scottish airline Globespan, has been taken into administration itself. [more]

Pearson is considering options for its majority-owned global information provider Interactive Data Corporation (IDC) to include placing it on the market. [more]

One of Scotland's largest property development companies The Kilmartin Property Group has been taken into receivership due to the downturn in the property ma [more]

A portfolio of buildings let to Royal Bank of Scotland, including the headquarters of Coutts on the Strand in London, is to be placed on the market for £ [more]

It has been predicted by the insolvency trade body R3 that the coming months could be the most perilous for businesses as the recession begins to ease off. [more]

Mortgage and IFA network Mortgage Times Group Limited is poised to enter administration. It has ceased trading and its advisers are no longer authorised to conduct regulated activities. [more]

Private equity industry veteran Jon Moulton is to raise £142m for his new investment vehicle when it begins to trade on [more]

Hugh Osmond, the entrepreneur who established the insurance group Pearl, co-founded Punch Taverns, and built up Pizza Express, is looking to generate £1bn for his new investment vehicle Horizon which will invest in distressed compa [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]

Kenmore Property Group has placed 21 of its companies into administration and a further two into receivership. Grant Thornton has been appointed as the administrator. [more]

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

Lloyds Banking Group is going to sell Lloyds TSB Scotland as part of its agreement with the European Commission over the £17bn of state aid it received to help keep it running last [more]

The Government is expected to announce the closure of a quarter of the Land Registry's national offices, job losses of up to 1,500, and a possible sale of the department to the private se [more]

Paragon Group, the leading lender to professional landlords, is looking to acquire loan books from financial institutions failing due to the recession. [more]

Part of Syrian-born billionaire Simon Halabi's property empire is to be put on the block to pay back debts, after the buildings fell into negative eq [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]

Two companies that provided various structured financial products supported by Lehman Brothers, have gone into administration. NDF Administration and Defined Returns Ltd are both situated in St Albans, Hertfordshire, and together have 35,000 customers, 10% of which had purchased Lehman-supported products. According to the administrators, Andrew Hosking and Martin E [more]