Barclays sell index business to bloomberg
Dec 16 (Reuters) - Barclays Plc * Disposal * Announces sale of risk analytics and index solutions business to Bloomberg * Has today agreed to sell Barclays Risk Analytics And Index Solutions Ltd Barclays has raked in a £480 million (US$718.7 million) profit by selling its index and analytics business to Bloomberg. The Risk Analytics and Index Solutions business has a price tag of £520 million (US$778.6 million) and will be in the data company’s hands by mid-2016, as long as competition regulators do not object. Barclays, in line with its strategy to focus on its core operations, has agreed to sell its risk analytics and index solutions business to Bloomberg. Barclays has completed the sale of Barclays Risk Analytics and Index Solutions Ltd. (“BRAIS”) to Bloomberg for approximately £615m. BRAIS incorporates Barclays’ fixed income benchmark indices, including the Barclays Aggregate family of indices, and BRAIS strategy indices. Barclays Shrinks, but Says Its Core Business Is Stronger The closings of the sale of the index business to Bloomberg, the media and financial information company, and the purchase of the Barclays indices business. On December 16, 2015, it was announced that Barclays had agreed to sell its index business, Barclays Risk Analytics and Index Solutions Ltd (BRAIS), to Bloomberg L.P. for £520 million, or about $787 million. The company will be renamed Bloomberg Index Services Limited. Bloomberg sports analysis
“As financial markets continue to evolve, our clients need and expect the index business to evolve too,” said Michael R. Bloomberg. “Combining the market- leading
Barclays has raked in a £480m profit by selling its index and analytics business to Bloomberg. The Risk Analytics and Index Solutions business has a price tag of £520m and will be in the data LONDON (Reuters) - Barclays Plc has sold its benchmark indices and risk analytics business, which includes the widely used Barclays U.S. Aggregate Bond Index, to financial information provider Bloomberg to Buy Barclays Index Business for $787 Million LONDON — Barclays said on Wednesday that it had agreed to sell its risk analytics and index solutions business to Bloomberg L.P. for 520 Barclays said it has agreed to sell its risk analytics and index solutions business to Bloomberg for $782 million, in the British bank’s latest move to focus on its core operations. Barclays, in line with its strategy to focus on its core operations, has agreed to sell its risk analytics and index solutions business to Bloomberg. The deal valued at £520m (€716.7m, $777.3m)
Dec 16, 2015 Barclays said it has agreed to sell its risk analytics and index solutions business to Bloomberg for $782 million, in the British bank's latest move
Bloomberg has snapped up Barclays ’ index benchmarking business for about £520m ($781m) as the US financial data provider continues to grab unwanted assets from banks.
Dec 16, 2015 Barclays said it has agreed to sell its risk analytics and index solutions business to Bloomberg for $782 million, in the British bank's latest move
Barclays has raked in a £480 million (US$718.7 million) profit by selling its index and analytics business to Bloomberg. The Risk Analytics and Index Solutions business has a price tag of £520 million (US$778.6 million) and will be in the data company’s hands by mid-2016, as long as competition regulators do not object. Barclays, in line with its strategy to focus on its core operations, has agreed to sell its risk analytics and index solutions business to Bloomberg. Barclays has completed the sale of Barclays Risk Analytics and Index Solutions Ltd. (“BRAIS”) to Bloomberg for approximately £615m. BRAIS incorporates Barclays’ fixed income benchmark indices, including the Barclays Aggregate family of indices, and BRAIS strategy indices. Barclays Shrinks, but Says Its Core Business Is Stronger The closings of the sale of the index business to Bloomberg, the media and financial information company, and the purchase of the Barclays indices business. On December 16, 2015, it was announced that Barclays had agreed to sell its index business, Barclays Risk Analytics and Index Solutions Ltd (BRAIS), to Bloomberg L.P. for £520 million, or about $787 million. The company will be renamed Bloomberg Index Services Limited. Bloomberg sports analysis The SPDR ® Bloomberg Barclays High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays High Yield Very Liquid Index (the "Index"); Seeks to provide a diversified exposure to US dollar-denominated high yield corporate bonds with above-average liquidity Barclays Plc's auction of its index business, which includes the widely used Barclays U.S. Aggregate Bond Index, has hit a snag, after would-be buyers realized some crucial bond pricing data that
Jan 1, 2020 The billionaire, whose core business sells financial information to investors, bonds to its Bloomberg Barclays Global Aggregate Bond Index.
Dec 16 (Reuters) - Barclays Plc * Disposal * Announces sale of risk analytics and index solutions business to Bloomberg * Has today agreed to sell Barclays Risk Analytics And Index Solutions Ltd Barclays has raked in a £480 million (US$718.7 million) profit by selling its index and analytics business to Bloomberg. The Risk Analytics and Index Solutions business has a price tag of £520 million (US$778.6 million) and will be in the data company’s hands by mid-2016, as long as competition regulators do not object. Barclays, in line with its strategy to focus on its core operations, has agreed to sell its risk analytics and index solutions business to Bloomberg. Barclays has completed the sale of Barclays Risk Analytics and Index Solutions Ltd. (“BRAIS”) to Bloomberg for approximately £615m. BRAIS incorporates Barclays’ fixed income benchmark indices, including the Barclays Aggregate family of indices, and BRAIS strategy indices. Barclays Shrinks, but Says Its Core Business Is Stronger The closings of the sale of the index business to Bloomberg, the media and financial information company, and the purchase of the Barclays indices business. On December 16, 2015, it was announced that Barclays had agreed to sell its index business, Barclays Risk Analytics and Index Solutions Ltd (BRAIS), to Bloomberg L.P. for £520 million, or about $787 million. The company will be renamed Bloomberg Index Services Limited. Bloomberg sports analysis The SPDR ® Bloomberg Barclays High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays High Yield Very Liquid Index (the "Index"); Seeks to provide a diversified exposure to US dollar-denominated high yield corporate bonds with above-average liquidity
Dec 8, 2017 Steve Berkley, head of Bloomberg's index business, believes so firmly “ Bringing the Barclays indexes businesses into Bloomberg means we