Barclays calls costly retail preference shares

Jasper Cox

October 25, 2018 05:00 pm

Barclays_PA_230x150 — File photo dated 05/02/13 of a Barclays sign. The bank has been told to compensate customers mis-sold "buy now, pay later" loans by retailers without proper oversight. | Joe Giddens/PA Wire/PA Images

Barclays announced this week that it is calling $2.65bn of retail preference shares. The bank said it is redeeming the instrument now, several years after the first call date, due to confidence in its capital position.

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Topics

Bank Capital Equity FIG People and Markets UK Europe Barclays EMEA FIG Equity People and Markets People and Markets Bank Strategy

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Jasper Cox