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Barclays to Raise $11.8 Billion

Stock quotes in this article: BCS , RBS  

Updated from 1:45 a.m. EDT

Barclays(BCS Quote) said Friday it plans to raise up to 7.3 billion pounds ($11.8 billion) of additional capital from existing and institutional investors.

The move allows the British bank to avoid taking funds from the U.K. government. ...

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