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Tuesday, July 30, 2013

Barclays reveals £12.8B hole

Barclays has revealed a £12.8 billion ($19.6 billion) hole in its balance sheet as it announced a £5.8 billion rights issue, buttressed by a plan to shrink its balance sheet and issue £2 billion of contingent convertible debt.



via CNN.com - Top Stories http://edition.cnn.com/2013/07/30/business/barclays-balance-sheet-rights-issue/index.html?eref=edition

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