Barclays said Tuesday it will sell 5.8 one billion pounds ($ 8.9 bn) of new shares to make up its balance sheet on a big funding gap and meet new regulatory requirements, in order to prevent the repeat of 2008 financial crises.
With the bank's earnings statement announced sale of shares to existing shareholders after the Prudential Regulation Authority to Barclays Bank and other lenders to increase their capital as a buffer against future crises. Barclays said its so-called leverage ratio was 2.2%, compared with 3% of the new requirements. Translation 12.8 billions of pounds of capital shortages.
"After careful consideration of the options, the board and I have determined that Barclays should respond quickly and decisively to meet the new targets," Chief Executive Anthony Jenkins said in a statement.
Bank shares fell 4.5 percent in the Shares issued and size of capital shortage news.
Regulatory agencies report increased pressure on banks, which is being ordered to hold more capital, although they have been pushed to provide loans to enterprises and households start the economy.
Plan to address the shortage of funds requirements, in addition to the rights issue, but also use the exposure and retained earnings and other forms of reduced funding. Banks will issue 20 billion pounds of bonds that can be easily converted into shares - or eliminated, if the banks in trouble.
Barclays reported net income of 671 million pounds in the first half of 2013 compared to 148 million pounds last year.
 



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