Barclays’ success over the sale of iShares, its exchange traded funds subsidiary, has thrown the spotlight on other banks with lucrative divisions.

French bank Société Générale has already shown an appetite for divesting high profile assets - if the price is right. Analysts believe the iShares deal raises a question over SocGen's Lyxor Asset Management subsidiary. And, while it has so far held on to the division, and has shown no sign of being interested in a sale, increasing competition in the ETF market means observers think it is likely to keep its options open.