News in the Professional And Financial sector - written by Eilis Jordan

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]

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]

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]

RBS Aviation Capital, the plane leasing company owned by the Royal Bank of Scotland, could be put up for sale after it was placed into a non-core unit with £230bn of bad loans, in order to be dispose [more]

An auction process has been initiated for Kleinwort Benson, the private bank and wealth manager, with a number of private equity and trade buyers having made the contender shortlist. [more]

HSBC is considering selling off three of its biggest offices including its London headquarters in a bid to raise £2.7 bil [more]

Property investment and development business W G Mitchell has had 30 out of 75 of its divisions placed into administration. [more]

The Nationwide Building Society has agreed to buy the Dunfermline Building Society's healthy assets including its branches, good loans and depo [more]