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October 27, 2008 · 8:08PM

Barclays Seeks Capital From Russian Banks

Barclays is reportedly pursuing investments from two state-backed Russian banks, VTB and Sberbank, in an effort to avoid selling equity stakes to the U.K. government to maintain capital requirements.  Barclays said it plans to raise $10.43 billion from private sources. (WSJ)

Categories: Business & Finance Today · Europe Today · Financial Services · Markets, Economic News · Russia · UK · World Affairs

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