Barclays 'Making a Second Attempt' to Sell Firstplus

Western MailJune 15, 2007

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Summary


Speculation is mounting that Cardiff-based secured lender Firstplus has been put up for sale by owner Barclays bank.

It is understood that Barclays, Britain's third biggest bank, has asked investment bank Credit Suisse to find buyers for the specialist loans business.

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Extract


Barclays 'Making a Second Attempt' to Sell Firstplus

However, the company has not made its intentions public although experts say it is an area of the Barclays business that could easily be sold off.

Fi...

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