As part of a series of moves to buttress its reputation, post-Libor scandal, Barclays appointed a man familiar with crises, John McFarlane, as a nonexecutive director. For other updates launch today's Movers & shakers slideshow.
The New York City region has a high level of energy demand so the process is expected to be competitive. The sale price is estimated to be in the $500 million to $1 billion range. More video