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Barclays rolls out ETF-based charitable-giving program
Barclays Global Investors has launched the iShares Charitable Giving Program, which offers clients access to donor-advised funds using pools of its exchange-traded funds.
U.K. regulator fines Barclays for disclosure, reporting lapses
Britain's financial watchdog fined Barclays PLC 2.45 million pounds ($4 million) today for failing to provide accurate transaction reports and "serious weaknesses" in control systems in two of its divisons.
Analyst cuts BlackRock rating to ‘Neutral’
A Pali Research analyst today cut his rating of BlackRock Inc.'s shares to "Neutral" from "Buy," citing a recent rise in the investment manager's stock price and challenges for the investment arm of Barclays PLC, which BlackRock is acquiring.
Fund giants Fidelity, Vanguard and others turn up lobbying
Fidelity Investments of Boston spent $940,000 — both directly and via third-party firms — during the second quarter to lobby lawmakers in Washington on financial regulatory reform, retirement, taxes and other issues, according to recent filings with the House of Representatives' Office of the Clerk.
Vanguard registers for seven bond ETFs
The Vanguard Group Inc. last week filed a registration statement with the Securities and Exchange Commission to offer seven bond index exchange traded funds in what some industry experts think will be a direct challenge to iShares, the dominant fixed-income ETF provider.
Barclays shareholders OK BGI sale to BlackRock
Barclays PLC shareholders today almost unanimously approved the sale of BGI to BlackRock, creating the world's largest money manager with about $2.7 trillion in assets under management, according to a company statement from Barclays.
Barclays first-half net profit up 10%
Banking group Barclays PLC said today that first-half net profit increased 10 percent as stronger earnings from its expanded investment banking division outweighed an increase in bad loans.
Mitchell Cox joins Barclays Wealth as head of global investments
Mitchell Cox has joined the Barclays Wealth unit of Barclays Capital Inc. in New York as managing director and head of the global investment and product office.
iShares expected to move into actively managed ETFs
A new iShares that is more heavily involved in actively managed exchange traded funds will likely emerge as the company changes hands, though some say it might be late to the party.
BlackRock-Barclays deal is a go
BlackRock Inc. announced today it has received written notice from Barclays PLC of London that its board has accepted BlackRock’s offer to buy Barclays Global Investors, including its iShares exchange traded fund business, for $13.5 billion.
BlackRock poised to grab No. 1 spot
Make way for the 1,600-pound gorilla in the money management industry.
Barclays shares down after sale of investment unit
Shares in Barclays PLC fell in London today following the announcement that it had sold its Global Investment unit to U.S. fund manager BlackRock Inc. for $13.5 billion.
BlackRock to flex retail muscles after buying Barclays Global Investors
BlackRock Global Investors - scheduled to emerge in the fourth quarter from the mega-marriage of BlackRock Inc. and Barclays Global Investors - will be the world's largest money manager, with a stunning $2.7 trillion in assets under management.
Barclays beefs up iShares’ Asia-Pacific team
Barclays Global Investors North Asia Ltd. announced today that iShares, the firm’s exchange traded fund unit, has expanded its Asia management team.
BlackRock confirms talks with Barclays to buy BGI
BlackRock Inc. confirmed this morning that it's in talks with Barclays PLC to acquire the London-based company's $1 trillion money management unit, Barclays Global Investors.
Report: Vanguard made $5B bid for Barclays’ iShares
The Vanguard Group Inc. has made a $5 billion bid to purchase the iShares exchange traded fund business from Barclays PLC of London, the Sunday Telegraph of London reported on Saturday, citing unidentified sources.
Barclays money management biz sale could be biggest ever
Barclays PLC could soon sell its entire money management unit for a reported $10 billion — a price tag that would clearly rank as one of the largest deals ever made in the money management industry.
ETF giant iShares is going after 401(k) market
Led by the iShares exchange traded fund group, exchange traded funds are poised to break the stranglehold that mutual funds have on 401(k) retirement plans.
Barclays to sell iShares to private-equity firm for $4.4 billion
London-based Barclays PLC today announced an agreement to sell its iShares business to Blue Sparkle LP, a new limited partnership established by CVC Capital Partners Group, a private-equity firm, for about $4.4 billion.
