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SYDNEY (Reuters) - National Australia Bank Ltd. (NAB) (NAB.AX: Quote, Profile, Research) , Australia's biggest bank by assets, said it was unlikely to sell its UK business, the Australian Financial Review Reported on Monday. "We have been through so much pain with the UK and it is now showing such great signs of success that I don't think it's on our agenda to sell," the paper quoted NAB chief ex ...

LONDON (Reuters) - A majority of UK financial services firms expect profits to fall in the current quarter despite business volumes growing at their fastest pace for two years last quarter, a leading survey said on Monday. The Confederation of British Industry (CBI) and consultants PricewaterhouseCoopers quarterly financial services survey showed 50 percent of firms said volumes grew in the three ...

LONDON (Reuters) - Initial public offerings in London's main stock market jumped 64 percent in the first six months of this year but activity has slowed considerably in June on the increased market volatility, accounting firm KPMG said. "Although activity levels are up on last year, the wheels seem to have come off the IPO wagon in the last few weeks with a number of cancelled or delayed floats," ...

LONDON (Reuters) - The world's biggest online gaming group, PartyGaming (PRTY.L: Quote, Profile, Research) , is in talks to buy online bookmaker Gamebookers, an industry source said on Sunday. PartyGaming recently arranged a $500 million (270 million pound) loan with Dresdner Kleinwort and Royal Bank of Scotland, part of which is intended to fund an acquisition. PartyGaming shares rose by 2 perc ...