Citi Halts Barra I/B/E/S Sale, May Entertain Other Suitors


Citicorp has terminated a letter of intent to sell its Institutional Brokers Estimate Service (I/B/E/S) subsidiary to portfolio analytics vendor Barra Global Investment Technology. The termination came after discussions between the two missed the stipulated June 1 deadline for agreement.

The missed deadline raises the prospect of the bank opening discussion with other potential suitors. But sources at Citicorp say the bank is more likely to take I/B/E/S off the market. These sources say that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: