TradeArabia logo TradeArabia 13 months ago

Barclays eyes Gulf for $11.8bn capital raise

British bank Barclays said it will raise Ł7.3 billion ($11.8 billion), mostly from investors in Abu Dhabi and Qatar, to bolster its finances amid the global credit crunch. Full Article at TradeArabia

Related Topics:

  1. Barclays
  2. John Varley
  3. HBOS

Related Articles

  1. The Independent logo
    Jeremy Warner: Barclays pays high price for avoiding government money
    13 months ago

    Outlook Barclays is paying a heavy price to save BobDiamond's multimillionpound bonus. Full Article at The Independent

  2. Daily Express logo
    Now the football sheikh buys up Barclays as well
    13 months ago

    He was unveiled as the financial muscle behind a Ł7.3billion move to shore up the defences of Britains second biggest bank. Full Article at Daily Express

  3. The Independent logo
    Anger at deal that safeguards bonuses
    13 months ago

    After resisting the urge to join the government bailout of banks, Barclays has secured a rescue package from oil-rich investors from the Middle East – a means of raising capital without jeopardising the multi-million pound bonuses that some of its... Full Article at The Independent

  4. Guardian Unlimited logo
    Barclays under fire for allowing Middle East states to take more than 30% stake
    13 months ago

    Barclays yesterday faced criticism for allowing Middle Eastern states to take a more than 30% stake in the bank as it sought to avoid taking cash from the British taxpayer to boost its balance sheet.The intricately structured financing - under which the... Full Article at Guardian Unlimited

View all Related Articles »

Related Quotes

  1. It is important to ensure self determination and our destiny
    SOURCE: Shanghai Daily 13 months ago
  2. I'm pretty pleased we have achieved good underlying earnings growth in the current circumstances.
    View articles, topics, and photos related to this quote – John Varley SOURCE: This Is London 13 months ago
  3. Today's capital raising provides certainty and speed of execution.
    View articles, topics, and photos related to this quote – John Varley SOURCE: The Scotsman 13 months ago
  4. The good news is they have managed to raise the money and have avoided going cap in hand to the government or pursuing a heavily discounted rights issue
    SOURCE: Shanghai Daily 13 months ago
View all Related Quotes »
(What's this?)
  1. Are you a Publisher?

    We built Daylife.com using our SmartMedia Services platform, which can give you thousands of content-rich, advertiser-friendly pages (like this one) on any topic and with full editorial control. Learn More »

    Our Customers
    prev
    next
  2. Our Products
    Daylife Select

    A point & click tool to create dynamic content portals. Learn More »

  3. Daylife API

    Unlimited smart, customizable content to suit any publisher. Learn More »

  4. Enterprise API

    Use the Daylife Platform to distribute content across your sites. Learn More »

  5. SmartContext

    Weave the web's best content into your own. Learn More »

Browse More Photos

Daylife is the web's largest archive of news photos

  1. Barclays Wealth Vice Chairman Gerard Aquilina gestures during the Reuters Global Wealth Management Summit in Geneva October 7, 2009.
  2. JERSEY CITY, NJ - OCTOBER 06: Heath Slocum reacts after sinking his par putt on the 18th green to win The Barclays on August 30, 2009 at Liberty National in Jersey City, New Jersey.
  3. JERSEY CITY, NJ - OCTOBER 06: Steve Marino tees off the 18th hole during round two of The Barclays on August 28, 2009 at Liberty National in Jersey City, New Jersey.
  4. JERSEY CITY, NJ - OCTOBER 06: Kenny Perry and Phil Mickelson walk up the 18th green during round three of The Barclays on August 29, 2009 at Liberty National in Jersey City, New Jersey.
  5. JERSEY CITY, NJ - OCTOBER 06: The gallery stands around the 17th green as Ernie Els of South Africa plays from the rough during round three of The Barclays on August 29, 2009 at Liberty National in Jersey City, New Jersey.
  6. BIRMINGHAM, ENGLAND - OCTOBER 05: Richard Dunne (R) of Aston Villa walks away after scoring the opening goal during the Barclays Premier League match between Aston Villa and Manchester City at Villa Park on October 5, 2009 in Birmingham, England.
  7. LONDON, ENGLAND - OCTOBER 04: Manager Gianfranco Zola (R) of West Ham on the bench before kick off during the Barclays Premier League match between West Ham United and Fulham at Upton Park on October 4, 2009 in London, England.
  8. LONDON - OCTOBER 04: Glen Johnson of Liverpool battles with Frank Lampard of Chelsea during the Barclays Premier League match between Chelsea and Liverpool at Stamford Bridge on October 4, 2009 in London, England.
  9. LIVERPOOL, ENGLAND - OCTOBER 04: Leon Osman (L) of Everton is congratulated by team mates Tony Hibbert and Marouane Fellaini (R) after scoring his team's first goal during the Barclays Premier League match between Everton and Stoke City at Goodison Park on October 4, 2009 in Liverpool, England.

Cast of Characters

  1. Barclays Barclays
  2. See stories, photos, and quotes about John Varley John Varley
  3. HBOS HBOS
  4. Royal Bank of Scotland Royal Bank of Scotland
  5. Manchester City Manchester City
  6. U.S. Democratic Party U.S. Democratic Party