This could be a transformational deal, Burton Greenwald, president of B.J. Greenwald Associates, told Bloomberg. We could see BlackRock open a number of ETFs in the fixed income space that [
A deal could be announced as early as this week, although Barclays is reportedly entertaining offers from other bidders.
The discussions are not yet concluded, and there are a number of significant open issues which could affect the nature and terms of any transaction, Barclays said in a statement.
Barclays sold its iShares exchange-traded fund business to