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Reuters: Barclays takes close to $2 billion writedown, keeps capital options

Started by chris, May 15, 2008, 01:21:05 PM

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chris

Barclays takes close to $2 billion writedown, keeps capital options
      


LONDON (Reuters) - British bank Barclays Plc said profits fell in the first quarter and refused to rule out a rights issue as it took a 1 billion pound ($2 billion) hit for the impact of the credit crunch.
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