Tag Archive: Global Investors
Barclays and BlackRock complete Global Investors’ deal
Barclays has announced that it has completed the sale of fund management business, Barclays Global Investors, to BlackRock, Inc. The consideration at completion was £9.5 billion, including 37.567 million new BlackRock shares, gioving Barclays a 19.9% interest in the enlarged … Read more
Credit Suisse sells GI business to Aberdeen Asset Management
Investment bank Credit Suisse has announced that it has successfully sold off a portion of its Global Investors traditional asset management business to Aberdeen Asset Management. Credit Suisse now holds 240m Aberdeen shares equating to an equity stake of 24% … Read more
BNP Paribas selected by Henderson Group
French bank BNP Paribas has been selected by Henderson Group to act as sole provider of services for Henderson Global Investors’ investment operations and related banking services. The deal excludes servicing hedge funds, however. The agreement means that BNP Paribas … Read more
Credit Suisse sells part of Global Investors business
Investment bank Credit Suisse has announced that it is to sell off part of its Global Investors asset management arm. In return the Swiss bank will acquire 24.9% of Aberdeen Asset Management’s enlarged share capital, a stake worth an estimated … Read more