Barclays to Sell Former Lehman Bond Benchmarks to Bloomberg

Updated on
  • Bank makes $721 million gain selling analytics, index business
  • Sale comes as new CEO Jes Staley speeds up non-core disposals

Barclays Plc agreed to sell the indexing business built around former Lehman Brothers benchmarks to Bloomberg LP for about 520 million pounds ($781 million), as Chief Executive Officer Jes Staley speeds up disposals of unwanted assets.

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