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Reuters: Barclays raises $8.8 billion for capital boost, growth

Started by chris, June 25, 2008, 11:41:06 AM

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chris

Barclays raises $8.8 billion for capital boost, growth
      


LONDON (Reuters) - British bank Barclays  raised 4.5 billion pounds ($8.8 billion) from investors including Qatar and Japan's Sumitomo Mitsui  and aims to use half the cash to rebuild capital and half to pursue growth.
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