Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Barclays Capital Borrows Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, September 04, 2007

Barclays Capital Borrows

by: Sean Hanna, Editor in Chief

Barclays Capital executives said Friday that they are kicking in $1.6 billion in financing for an investment fund. The WSJ also reported that the British bank and parent company to Barclays Global Investors lost up to $400 million in the two Bear Stearns hedge funds that helped spark last month's liquidity squeeze. On Thursday, Barclays bank borrowed money through a Bank of England lending facility after finding technical difficulties with a securities-clearing system that meant it faced a shortfall at its central-bank account. Robert Diamond Jr., Barclays' president, downplayed any problems. "You should expect to see us outperform whatever environment we're in," he told the paper. "If there was a black-hole exposure in BarCap, we would have to make an announcement. And I am looking you in the eyes -- as much as I can through a [conference phone] -- and saying that I still expect us to outperform in this market environment."  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use