News in the Professional And Financial sector - written by Hanna Sharpe

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]
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]
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]
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]
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]
Paragon Group, the leading lender to professional landlords, is looking to acquire loan books from financial institutions failing due to the recession. [more]
Much speculation surrounds a possible bid by Tesco for Northern Rock, as the Government attempts to sell the nationalised lender before the next general election. [more]
The Treasury is examining the possibility of selling Northern Rock in the autumn, which will be exactly two years after it was taken into public ownership caused by funding and liquidity difficulties due to the credit crunch. [more]
UK Financial Investments (UKFI), the body that manages the government's holdings in UK part-nationalised banks, is considering selling some of its st [more]
Teathers up for sale - Mon, 16 Mar 2009
UK broker Teathers, is up for sale for the second time in six months after its parent company Straumur-Burdaras was seized by the Icelandic government, and hopes to be bought this week. [more]
Broker WH Ireland is going to buy its rival Blue Oar and merge with it to create one of the largest financial advisory groups in Britain, by way of the number of its Nomad and broker clients. [more]