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BlackRock to buy Barclays Global Investors

The investment management firm BlackRocksaid on Friday it will buy British banking giant Barclays' fund management arm for $13.5 billion, creating a combined entity with assets worth nearly $3......

Barclays to slash 2,100 jobs

Financial services major Barclays is to reduce its headcount by about 2,100 in investment banking and money management, as part of its cost cutting measures. "Barclays is cutting about 2,100 jobs......

Bankers take fright as UK vote count points to Brexit

For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living. Bankers' early confidence that Britain would......

IndiGo's anchor book mops up Rs 832 crore

Highest-ever collection via this route; Rs 3,136-crore IPO opens todayInterGlobe Aviation, the company that operates the country’s most-profitable airline, IndiGo, raised Rs 832 crore (Rs......

To stop tax evasion, Sebi cracks the whip on offshore wealth managers

An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011 Seeking to root out undeclared wealth, India's market regulator has sent letters to some large......
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UPDATE 3-UK Stocks-Factors to watch on Oct 25

(Updates futures, adds company news items) Oct 25 Britain's FTSE 100 index is seen opening up by 13-17 points, or 0.2 percent, on Tuesday,... ...
DBS, Julius Baer weigh bids for ABN AMRO Asia wealth unit - sources

. REUTERS/Stephen Hird/File Photo By Saeed Azhar and Sumeet Chatterjee | SINGAPORE/HONG KONG SINGAPORE/HONG KONG DBS Group Holdings (... ...
Barclays announces agreement to sell its UK Trust business

Bank PLC (Barclays) today announces that it has signed an agreement to sell its UK Trust business to ZEDRA, an independent global specialist in... ...
BNY Mellon Reports Third Quarter Earnings Of $974 Million Or $0.90 Per Common Share

Earnings of $979 million or $0.90 per common share on an adjusted basis (a) Earnings per common share up 22% on both a GAAP and adjusted basis... ...
European banks risk lagging Wall Street in blockchain race

LONDON (Reuters) - The blockchain technology behind bitcoin was designed to do away with banks. In an ironic reverse, investment banks are now... ...

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