May 16, 2008
Fundraising talk grows after 1bn writedown by Barclays
“It's not clear to me that there is something magic about a 6pc capital ratio. You don't want to be in a position where you have too much capital.”
Barclays refused to rule out a capital raising as it wrote down another 1bn of credit market assets, on top of the 1.6bn already taken, and said profits in the first quarter would not match those of last year. via Telegraph.co.uk
Read full story from Telegraph.co.uk
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