Barclays has announced its IT contract with Accenture will not be extended when it comes up for renewal later this year. The financial institution signed a £400 million six-year outsourcing deal with the technology solutions provider in 2004. Accenture’s work involved providing services and staff related to IT maintenance, enhancement and systems development.
Posts Tagged ‘Barclays Global Investors’
Barclays to end IT contract with Accenture
January 13th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Accenture, Asset Management, Barclays, Barclays Capital, Barclays Global Investors, Capital Investors, Contracts, Desk Top Management, Enhancement, Financial Institution, Investment Banking, Maintenance, Management Contract, Management Operations, Outsourcing Solutions, Six Months, Technology Solutions Provider 
No Comments »Top 10 Best Business Deals of 2009
December 12th, 2009 Before You Invest Berkshire Hathaway–Goldman Sachs JPMorgan Chase and the Deals It Didn’t Do BB&T-Colonial Berkshire Hathaway–Burlington Northern Ford’s $23.6 Billion Loan Grab BlackRock–Barclays Global Investors HP-EDS Google-AdMob Time Warner Spins Off Cable and AOL Mead Johnson NutritionRead more: http://www.time.com/time/specials/packages/completelist/0,29569,1945379,00.html#ixzz0ZWHBcESb
Posted in Finance Fraud Tags: Admob, Amp, Aol, Barclays, Barclays Global Investors, Bb, Berkshire Hathaway, Burlington Northern, Business Deals, Eds, Ford, Goldman Sachs, Google, Grab, Hp, Jpmorgan Chase, Mead Johnson, Northern Ford, Time Specials, Time Warner No Comments »Emerging Markets Eastern Europe Index Fund (NYSEArca: ESR)
October 7th, 2009 Before You Invest Barclays Global Investors introduced the iShares MSCI Emerging Markets Eastern Europe Index Fund (NYSEArca: ESR). The fund follows stocks from the Czech Republic, Hungary, Poland and Russia. ESR is benchmarked to the MSCI Emerging Markets Eastern Europe Index.ESR holds 47 stocks and has annual expenses of 0.72%.
Barclays rolls out ETF-based charitable-giving program
October 6th, 2009 Before You Invest Donors will be able to use 25 different iShares offerings to customize their investments Barclays Global Investors has launched the iShares Charitable Giving Program, which offers clients access to donor-advised funds using pools of its exchange-traded funds.It’s thought to be the first time that a major fund firm has offered a charitable-giving program using only ETFs, said Eileen Heisman, president and chief executive of the National Philanthropic Trust, a national donor-advised fund program and charity with $660 million in assets under management.“To my knowledge, it’s very unique among [large financial] firms,” said Ms.
Posted in Finance Fraud Tags: Assets Under Management, Barclays Global Investors, Charitable Causes, Donor Advised Fund, Donor Advised Funds, Endowment Foundation, Exchange Traded Funds, Financial Advisers, Heisman, Industry Officials, Investment Account, Investment Firms, Investment Pools, John Tobin, Michael Latham, Minimum Investment, National Philanthropic Trust, Natural Fit, Philanthropic Legacy, Philanthropic Projects No Comments »BlackRock planning global trading platform
September 16th, 2009 Before You Invest Asset manager BlackRock is to launch its own global trading platform, it has emerged.According to the Financial Times, the company intends to utilize the system to rival those used by many firms on Wall Street.The business will have around $3,000 billion in assets under management once it has completed its acquisition of Barclays Global Investors (BGI) in December and it has appointed Minder Cheng of BGI to oversee the launch of the platform.BlackRock said in a leaked internal memo seen by the news source that the new offering will “fully realize the cost efficiencies and trading opportunities across all asset classes as we become one of the largest trading operations in the world”.Those familiar with the plot – which is said to still be in its early stages – clarified that BlackRock will not be charging fees for the service due to the fact that it is being introduced in order to save clients money.The company reached a deal worth around $13.5 billion for BGI in June.
Deutsche Bank to Liquidate Oil ETN (DXO)
September 9th, 2009 Before You Invest 9/15/09 update: my DXO shares were redeemed for cash today @ $4.37Deutsche Bank announced that it will redeem all outstanding PowerShares DB Crude Oil Double Long Exchange Traded Notes (NYSEArca: DXO – News). DXO attempts to double the monthly performance of the Deutsche Bank Liquid Commodity Index – Optimum Yield Oil Excess Return Index.
Posted in Finance Fraud Tags: Action Letters, Adequate Exposure, Barclays Global Investors, Cftc Regulations, Commodity Etfs, Commodity Exchange, Commodity Futures Contracts, Commodity Futures Trading, Commodity Futures Trading Commission, Commodity Positions, Commodity Services, Deutsche Bank Liquid Commodity Index, Diversified Group, Dxo, Excess Return, Exchange Traded Funds, Futures Trading Commission, Gsci, Ishares, Market Exposure, Powershares, Wheat Futures No Comments »Vanguard registers for seven bond ETFs
August 11th, 2009 Before You Invest Some see filing as a challenge to iShares, as four of the funds would be cheaper Vanguard today filed a registration statement with the Securities and Exchange Commission to offer seven new bond index exchange traded funds in what some industry experts believe to be a direct challenge to iShares, the dominant fixed-income ETF provider.Three of the ETFs are expected to invest in U.S.
Posted in Exchange Traded Funds (ETFs), Finance Fraud Tags: Barclays, Barclays Global Investors, Barclays Ishares, Bond Fund, Bond Index Funds, Corporate Bonds, Daniel Wiener, E Mail, Exchange Traded Funds, Expense Ratio, Expense Ratios, Malvern Pa, Morningstar, Mortgage Backed Securities, New Bond, Newton Mass, Securities And Exchange Commission, Treasuries, U S Treasury, Vanguard Group No Comments »ETF assets hit a record $862B worldwide
August 7th, 2009 Before You Invest The United States accounts for $582B in assets, according to BGI researchers Exchange traded fund assets worldwide hit an all-time high of $862 billion at the end of July, 7% above the previous record of $805 billion set in April 2008, according to data released today from the London-based research team of Barclays Global Investors in San Francisco.The assets were generated by 1,768 ETFs with 3,129 listings from 94 providers on 42 exchanges around the world.U.S.
Barclays shareholders approve Barclays Global Investors sale to BlackRock
August 7th, 2009 Before You Invest Shareholders at Barclays have backed the sale of investment management unit Barclays Global Investors to fund manager BlackRock.The go was approved at the bank’s annual general meeting (AGM) in London today (August 6th).Since voting started this morning 99 per cent of investors voted in favor of the transaction after they were recommended to approve the deal by the bank. A final count is expected to be announced later today.The sale price of the unit will be $14.2 billion, with chairman Marcus Aguis noting that the value has increased from the initial figure of $13.5 billon after shares in BlackRock rose.According to Bloomberg, he told investors at the AGM that the BlackRock offer is “compelling” adding that the go “allows Barclays to retain an ongoing interest in the potential upside from the larger combined business while unlocking significant capital in the small term”.The deal was first agreed in June and will involved Barclays retaining a 19.9 per cent stake in BGI.
BlackRock to pay $13.5B for Barclays Global Investors
June 13th, 2009 Before You Invest Money manager BlackRock will become the largest asset manager in the world with its acquisition of Barclays Global Investors. The deal will boost BlackRock’s assets under management to about $2.7 trillion. “This is a transformational transaction,” said BlackRock CEO Laurence Fink.more athttp://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6483638.ece
