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