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Mike Caggeso

Sovereign Wealth Funds Key to Barclays' $8.9 Billion Goal

Posted June 27th, 2008 by MurrayRothbard
  • Basic Materials
  • BCS
  • DRGV
  • LGGNY
  • MER
  • Mike Caggeso
  • Rbs
  • sovereign wealth funds
  • Standard Chartered Bank
  • Sumitomo Mitsui
  • Temasek Holdings
  • UK stocks
 
Read the full article: http://www.contrarianprofits.com/articles/barclays-to-raise-...
5
vote

Starving for capital and hell-bent on retaining its handsome dividend, Barclays PLC (ADR: BCS) plans to raise $8.9 billion (4.5 billion pounds) by selling shares to investment banks and sovereign wealth funds around the world.

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