Barclays planning to raise extra £6.5bn in capital

Barclays plans to raise more than £6.5bn (€8.2bn) of extra capital from investors as part of moves to strengthen its balance sheet.

Mon, 13 Oct, 2008 - 08:15

Barclays plans to raise more than £6.5bn (€8.2bn) of extra capital from investors as part of moves to strengthen its balance sheet.

The bank will also not pay a dividend worth £2bn (€2.5bn) for the 2008 financial year, it said today.

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