Abbey suitor sells stake in RBS
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Santander, the Spanish bank bidding Â£8bn for the UK's Abbey, is selling half its stake in rival Royal Bank of Scotland.
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The Bank of England was authorized to provide a âliquidity support facilityâ to Northern Rock, prompting a sell-off of British bank stocks.
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A consortium led by Royal Bank of Scotland  unveiled a bid for ABN AMRO  on Tueday valued at 38.40 euros per share, worth a total 71.1 billion euros ($95.6 billion).
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Abbey National shareholders will no longer need to fill in complex Spanish tax forms if BSCH's bid to buy the UK firm succeeds.
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Financial services company Coyle Hamilton today announced the completion of the sale of 56pc of its shares to the global insurance broker Willis.
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Dutch bank and insurer ING Group said Monday it will sell the activities of Baring Asset Management, nearly a decade after it purchased the remains of the bankrupt British bank Barings.
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Embattled British bank Northern Rock  is preparing for a sell-off that could see its 100 billion pound ($200.6 billion) mortgage portfolio divided between the country's other major banks, the Sunday Telegraph said.
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The bid by the Royal Bank of Scotland Group and two other European banks topped an offer by Barclays.
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Northern Rock, the mortgage lender saved from collapse by the Bank of England, took a step toward repaying the loans by selling a 2.2 billion pound portfolio to JP Morgan.
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Embattled British bank Northern Rock  is preparing for a sell-off that could see its 100 billion pound ($200 billion) mortgage portfolio divided between the country's other major banks, the Sunday Telegraph newspaper said.
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SANTANDER, the new owner of Abbey National, yesterday unveiled Francisco Gomez-Roldan, the Spanish bank&#39;s chief financial officer, as Abbey&#39;s chief executive as it took another step towards finalising the Â£9bn all-share acquisition.
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LONDON Banco Santander Central Hispano, Spain&#39;s biggest bank, said Thursday that it was selling as much as Â£1.26 billion of shares in Royal Bank of Scotland Group, scaling back its 16-year partnership with the British bank as it seeks to buy Abbey
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Northern Rock, one of Europeâs biggest casualties of the credit crisis, sold some of its mortgage portfolio to JPMorgan Chase.
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British Airways is selling off its 18.25 per cent stake in Australian flag carrier Qantas to repay off some of its huge debts and build up its cash war chest for new deals in Europe.
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Qantas confirmed Wednesday that British Airways plans to sell its 18.25 percent stake in Australia&#39;s flag carrier over the next two days.
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BRUSSELS  - The European Union has cleared Banco Santander Central Hispano SA's acquisition of British rival Abbey National PLC.
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J Sainsbury Plc , Britain's third-biggest supermarket operator, said on Friday it had sold a 5 percent stake in Sainsbury's Bank for 21 million pounds ($41 million) to British banking group HBOS Plc .