£1bn write-down at Barclays
May 15, 2008£1bn write-down at Barclays
by Kay Murchie
Barclays, the UK’s third largest bank, has announced it has taken a further £1 billion write-down in credit crunch related debt but added that the business was
However, unlike some of its rivals, it has not asked its investors for additional cash through a rights issue.
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