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Published December 09, 2015
Barclays on Tuesday launched plans to raise ??5.8 billion via a shares sale to bolster capital levels, but revealed that first-half profits more than quadrupled.
The lender, which was hit last year by the Libor rate-rigging crisis, said in a statement it would seek the capital boost in order to meet capital requirements laid down by the Bank of England.
https://www.foxnews.com/world/barclays-launches-5-8-bn-rights-issue-profits-soar