Friday, Jun 20, 2008
Bank: Looking for Cash
MoneyWeek: Japanese to bail out Barclays with £473m
Barclays was today on the verge of securing a massive bailout from Japan as it looks to Asia to bolster its finances. The bank is in line for a 100bn yen (£473.4m) capital injection from Sumitomo Mitsui Financial Group (SMFG) that would give the Japanese firm a stake in the British lender.
Posted by pendulum @ 01:59 PM (260 views) Add Comment
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