Barclays Selling $6.1 Billion BlackRock Stake
BlackRock (BLK) shares fell 1.4% early on Monday after Barclays (BCS) said it would sell its entire 19.6% stake in the company as regulators will no longer allow the bank to consider its stake as capital. The new Basel III rules would force Barclays to add capital to account for the possibility of a decline [...]
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