Bloomberg Buys Former Lehman Bond Benchmarks from Barclays

Posted on 12/16/2015


Barclays sold its index and analytics business called Barclays Risk Analytics and Index Solutions (BRAIS) to financial data giant Bloomberg for £520 million (US$ 781 million), netting a £480 million pre-tax gain. Barclays purchased a great deal of the analytics unit when it acquired pieces of Lehman Brothers at the onset of the global financial […]

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