Barclays has this evening rejected an offer to participate in the government"s Asset Protection scheme.
There have been question marks over the bank"s capital position but, as previously reported, Barclays this weekend passed a series of stress tests designed by the FSA to determine how they would cope in a number of "emergency" situations.
According to a statement released within the last few minutes, the bank announced that it will continue to reduce its exposure to the capital markets, and is still seeking a bidder for its iShares business.
