Reuters Dubai reports by way of the Financial Times that Qatar’s sovereign wealth fund the Qatar Investment Authority (QIA) is considering backing a share issue by Barclays PLC (NYSE ADR: BCS). The issue could approach US$8 billion. QIA has already bought a stake of under 2% in Credit Suisse (NYSE ADR: CS). QIA is said to have about $60B of AUM and is looking to spend $10B – $15B on bank stakes over the next two years.

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