FROM THE ARCHIVE: 10 years ago this week THE FINANCIAL CRISIS

摘要

From November 7 2008 issue Bargain Barclays issue When RBS, Lloyds TSB and HBOS took the taxpayers' pound, Barclays made much of its determination to avoid turning to the UK government to boost its capital. The argument was, and remains, that avoiding being in the government's debt was fundamental to the bank's future. Senior management held a conference call last Friday when announcing a capital increase of up to £7.3bn in which they said that the board had discussed how to maximise value for shareholders and had concluded that the best course was to maintain strategic and operational independence.