Special Report on
3bn toxic asset sale
3bn toxic asset sale - Trends
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revealed details of its plans to sell iShares, its lucrative exchange-traded funds business which it hoped would raise as much as $6bn (£4.2bn) and once again put the bank out of the Government's reach. As trading got under way the following morning, the shares immediately started to rise. The market was unable to agree on a value for iShares, why exactly it was being sold, who would buy it or whether it even would have much impact. But it did agree it was a buying opportunity and traders piled in, driving the stock up by 20pc. However, the excitement was short-lived, as Barclays' legal ...
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SURVEY RESULTS FOR
3BN TOXIC ASSET SALE
Fox News - $13 Trillion in Toxic Assets for Top 25 US Banks!! ...