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News in the Professional And Financial sector - written by Rob Moore

Credit card processor follows Globespan into administration - Wed, 20 Jan 2010
E-Clear, the credit card processing company linked to the collapse of Scottish airline Globespan, has been taken into administration itself. [more]
Financial data provider for sale - Fri, 15 Jan 2010
Pearson is considering options for its majority-owned global information provider Interactive Data Corporation (IDC) to include placing it on the market. [more]
Businesses may find conditions difficult as recession eases - Mon, 04 Jan 2010
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]
Jon Moulton sets up investment vehicle to buy distressed companies - Tue, 15 Dec 2009
Private equity industry veteran Jon Moulton is to raise £142m for his new investment vehicle when it begins to trade on [more]
21 Kenmore property businesses in administration - Fri, 13 Nov 2009
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]
Burberry head office for sale - Tue, 20 Oct 2009
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]
Lehman-backed finance companies in administration - Thu, 15 Oct 2009
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]
London brokerage up for sale - Tue, 22 Sep 2009
London brokerage and corporate finance house KBC Peel Hunt has been placed on the market by its Belgian parent company KBC. Representatives from KBC are currently sounding out potential interest in the industry. [more]
RBS to revive old bank brand to sell - Mon, 14 Sep 2009
Royal Bank of Scotland is considering resurrecting Williams & Glyn's, the high street bank it wound down in the mid 1980s, in order to sel [more]
Lloyds to sell Insight Investment - Tue, 02 Jun 2009
HBOS adviser Deutsche Bank is reportedly sounding out interested parties in Insight Investment, one of the businesses Lloyds acquired in the purchase of HBOS. [more]
No buyer has come forward for Dunfermline Building Society - Mon, 23 Mar 2009
The government is currently in talks over Dunfermline Building Society's future. The distressed Scottish building society faces multi-million pound losses after experiencing problems with its cash [more]
Barclays considers selling iShares - Mon, 16 Mar 2009
Barclays Bank is considering disposing of iShares, its exchange traded fund (EFT) division, in a sale that would fetch up to £ [more]
Chase de Vere mortgage brokerage enters administration - Mon, 09 Mar 2009
Mortgage brokerage Chase de Vere, based in London has gone into administration after the companies turnover fell sharply. [more]

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