We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Not as advertised

25 June 2008 By Jeffrey Goldfarb

The UK bank has nailed down £4.5bn, £500m more than anticipated. But the share issuance was expected to be at a premium or slight discount. In fact, it s an 11% discount. And though Barclays trumpeted growth plans using the funds, side deals with Sumitomo and Qatar remain fuzzy.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)