There apparently is a rumor going around that Vanguard Group may buy Barclay’s iShares family of exchange-traded funds before the June 16 deadline that Barclays’ has for shopping the asset around (hat tip to Preet Banerjee). There will be a big break-up fee of $175-million (U.S) to pay CVC Capital ...

Canadians rejoice! The U.S. banks' stress tests are over, the  results are in. And though U.S. bank finances remain, erm, stressed—to the tune of US$75 billion—the wacky math of the new economy means the stressed banks are apparently not quite as stressed as everyone feared. (Most stressed: Bank of America, ...

So, Barclays PLC has sold its iShares family of exchange-traded funds to CVC Capital Partners Group, one of the top five private-equity firms in the world. Are higher management expense ratios (MERs) coming for iShares investors?

Further to a story on Barclays Bank plc published in the April 13, 2009 print edition of the magazine, Barclays  has confirmed it has passed a stress test of its finances administered by the United Kingdom's Financial Services Authority. Barclays stock soared on the news, rising to a 2009 high ...