UPDATE: Barclays PLC Announces Leverage Plan, Will Issue One New Share For Every Four Outstanding
July 30, 2013 at 15:08 PM EDT
The Prudential Regulation Authority announced the results of its review of the capital adequacy of major UK banks and building societies. As part of its review, the PRA introduced a 3% Leverage Ratio target, calculated on a PRA-adjusted CET1 capital base and using a CRD IV leverage exposure measure. As