Barclays 'in talks' to sell off investment unit
China Daily | Updated: 2009-06-09 08:07
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Customers use ATM machines outside a branch of Barclays bank in London. Bloomberg News |
LONDON: Barclays Plc is in talks to sell Barclays Global Investors (BGI), the British bank said yesterday, with US fund manager BlackRock the frontrunner to land the asset manager for about $12 billion.
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