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.
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.
Analysts said the deal announced Thursday was a necessity for Barclays, but the market still seemed worried about the bank's lo
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