Barclays plan £400m assets sale

British banking group Barclays is planning to raise £400m (€564m) by securitising billions of pounds worth of assets from its life operations.

Barclays plan £400m assets sale
Mon, 13 Oct, 2003 - 07:16

British banking group Barclays is planning to raise £400m (€564m) by securitising billions of pounds worth of assets from its life operations.

The bank is understood to be holding talks over a possible deal, with a view to using the money to improve its capital efficiency and help finance growth.

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