Barclays is in talks about selling asset management arm Barclays Global Investors for about $10bn, with potential bidders including US money manager Blackrock, according to people familiar with the matter, The Financial Times says.
Banks once again lead the FTSE 100 winner's table, but the index remains in the red shortly after midday.
The Treasury Committee has accused the FSA of not doing enough to tackle the bank bonus culture.
The sale iShares to private equity firm CVC Capital Partners was earlier this week thrown into un...
Royal Skandia, Zurich International Life, Fairbairn Private Bank, BNY Mellon, Axa Isle of Man, Aegon Scottish Equitable International and Prudential International were among the groups that achieved winning and highly commended awards in the International...
Fortis Guernsey has renamed its banking operation as MeesPierson, marking the return of the independent private banking brand to the island.
Royal Skandia, Zurich International Life, Fairbairn Private Bank, BNY Mellon, Axa Isle of Man, Aegon Scottish Equitable International and Prudential International were among the groups that achieved winning and highly commended awards in the International...
F&C Reit is launching the Devonshire UK Opportunities fund, its first new vehicle since forming last year.
Financial services executives expect banks to be the biggest winners of the retail distribution review (RDR), with IFAs the biggest losers.
Retail investors are being excluded from the UK corporate bond market, warns the Investment Management Association (IMA).