IEyeNews

iLocal News Archives

BGI

iBusiness iFinance iLocal News iWorld News News Publisher's Choice

How Barclays turned a US$10 bil profit into a tax loss

By Reuters From the Edge Markets LONDON (April 29): When Barclays Plc sold a fund management business to U.S. financial group Blackrock Inc. in 2009, the larger-than-expected US$15.2 billion price tag was not the only good news for the British…