divestment

Bank of Cyprus to divest UK unit for £103m

Bank of Cyprus Holdings has signed a binding agreement to sell its fully owned UK subsidiary for £103m to Cynergy…

British government to sell additional stake in RBS – report

The Government of UK is set to sell more stake of Royal Bank of Scotland (RBS) in multibillion pound deal,…

Lloyds to sell Irish mortgage business for $5.4bn

Lloyds Banking Group has decided to sell its residential mortgage portfolio in Ireland to Barclays for nearly $5.4bn in cash.…

Baidu to divest majority of financial services for $1.9bn

Chinese company Baidu has decided to divest majority stake of its financial services business to a consortium led by TPG…

Fiserv to divest 55% of lending business for $395m

Financial services technology solutions provider Fiserv has entered into a definitive agreement to sell 55% stake of the lending solutions…