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Barclays capital shortfall bigger than feared

2013-07-30 90 Dailymotion

Barclays shares plunged further on Tuesday as it announced plans to raise 5.8 billion pounds (6.7 billion euros) from its shareholders.<br /><br />The sale of new shares is in response to calls from Britain's financial regulator for the bank to strengthen its reserves of capital.<br /><br />The regulator said it must have more cash on hand in case of market shocks, like the financial crisis of 2008. <br /><br />...<br />http://www.euronews.net/

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