(Reuters) - Barclays Capital has about $300 million exposed to Bear
Stearns hedge funds that are on the brink of collapse,
according to media reports. The Daily Telegraph said Barclays
Capital may have lent $1.2 billion to the funds.
Barclays confirmed in a statement that in the ordinary
course of its business Barclays Capital had some exposure to the
funds, but the bank did not quantify the amount other than to
say it would not have a big impact.
Read more at Reuters.com Bonds News
Stearns hedge funds that are on the brink of collapse,
according to media reports. The Daily Telegraph said Barclays
Capital may have lent $1.2 billion to the funds.
Barclays confirmed in a statement that in the ordinary
course of its business Barclays Capital had some exposure to the
funds, but the bank did not quantify the amount other than to
say it would not have a big impact.
Read more at Reuters.com Bonds News
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