Barclays Tipped To Raise Additional Capital

Mani

Published onJuly 29, 2013

Updated on May 13, 2021

Barclays PLC (NYSE:BCS) (LON:BARC) is set to reveal its capital raising plans Tuesday and provide an update of its discussions with Prudential Regulation Authority.

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Harry Wilson, Banking Editor at The Telegraph reports Barclays PLC (NYSE:BCS) (LON:BARC) has been in discussion with investors for possible launching its £4 billion ($6.1 billion) rights issue aimed to bridge a possible £ 7 billion capital hole.

Barclays to announce interim results Tuesday

News spread last weekend that Barclays PLC (NYSE:BCS) (LON:BARC) could come out with the rights issue amidst pressure from regulators...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Barclays Tipped To Raise Additional Capital

Barclays to announce interim results Tuesday

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