Barclays plans iShares break

Officials at iShares are making plans to fill vacant key roles and potentially shuffle its non-US personnel, as it breaks away from parent company Barclays. Rory Tobin, global co-chief executive at exchange traded fund company iShares, says the firm will look for external candidates to fill some high-level positions, like that of a chief financial officer, which used to be covered by Barclays. Tobin says he and global co-chief executive Mike Latham "will spend time evaluating the organisational structure and how we will position the team." However, no changes will be made ...