Case | HBS Case Collection | November 2012 (Revised September 2013)

Barclays Bank, 2008

by Lucy White, Steve Burn-Murdoch and Jerome Lenhardt


In the midst of the financial crisis, Barclays (the world's 4th largest bank by assets) is forced by UK regulators to raise more capital. Should it take up the UK government's offer to invest, or take funding from investors from the Middle East? Students may price the two deals to determine which is more expensive, and must decide whether avoiding the constraints of government ownership is worth the extra cost.

Keywords: government and business; option contract; corporate finance; finance; bank capital; bank regulation; Finance; Banking Industry; Europe; North and Central America;


White, Lucy, Steve Burn-Murdoch, and Jerome Lenhardt. "Barclays Bank, 2008." Harvard Business School Case 213-073, November 2012. (Revised September 2013.)