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Barclays confirms unit sale talk

China Daily | Updated: 2009-03-17 07:44

Barclays confirms unit sale talk

A woman walks past a branch of Barclays bank in Cambridge, UK. Bloomberg News

British bank Barclays Plc confirmed it had discussed selling its iShares unit, sending its stock sharply higher yesterday on hopes it will be able to avoid issuing new shares to bolster its capital.

Barclays confirms unit sale talk

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