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As Barclays reports plans for new share issuance, and talk circulates about possible investment from a sovereign wealth fund or Japan's Sumitomo to help shore up the bank after it reported fresh write-downs last month, I heard today of a new, smaller-scale capital raising initiative.
An IT vendor who has been recently moved onto the Barclays account for his company told me he had been the victim of hard-sell tactics from bank salespeople trying to get him to buy a particular Barclays bond. Apparently they have also targeted several other IT contractors and vendor account managers he knew of.
It's an interesting turnaround for the IT guys who are used to going into the bank and selling themselves, rather than being sold to.
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Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
14 August
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
Oleksandr Strozhemin Co-founder and CEO at Trinetix
13 August
Elaine Mullan Head of Marketing and Business Development at Corlytics
12 August
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