Barclays taps investors
Barclays is seeking to raise £6.5bn from investors and by scrapping a final dividend payment for 2008.
The bank said it has no plans to take part in the Government's bank support plan but could fall back on state aid if its financing scheme falls through.
Barclays aims to issue preference shares worth £3bn by December 31, and axing its dividend will save £2bn. It added September profits were strong.