According to reports, bidders for Barclays Global Investors include the US investment group Blackrock, and offers are expected to be in the region of £6.5billion ($10billion), despite the fact that BGI has already agreed a sale for its iShares division.

However, the sale of Barclays iShares remains ongoing, despite an agreed offer from CVC Capital Partners for £3billion, iShares is still accepting bids, and will continue to do so until mid June, suggesting that offers could now be made on the group as a whole.

Barclays shares currently stand at 277p, an increase of 24p since the markets closed last night.

Find out more about Barclays share dealing »

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