Barclays is in exclusive talks with private equity firm CVC Capital Partners over the sale of its exchange traded fund business iShares, a source familiar with the deal says.
The ETF business could go for £3bn, less than the anticipated £4bn sources expected bidders to offer last week. The sale is not expected to include the securities lending business of iShares parent company...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point