Administrators Ernst & Young are attempting to drum up buyer interest for the remains of failed Icelandic bank Kaupthing Singer & Friendlander (KSF).
KSF, which collapsed in 2008, has loan books worth £2bn. Before it went bankrupt it lent hundreds of millions of pounds to City high-flyers including Simon Halabi, the billionaire property investor, and luxury property developers Nick and Christian Candy.
Now Ernst & Young has written to potential purchasers as part of "testing the market" to gauge interest in KSF's assets.
A spokesperson says: "The administrator's objective is to realise KSF's business and assets for the benefit of the creditors and therefore [we] review the range of options available on a regular basis."
Kaupthing was one of three Icelandic banks, along with Glitnir and Landsbanki, which collapsed in October 2008, forcing the British government to pay out £7.4bn to 460,000 savers who lost money.
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses