LONDON, Oct 29 (Reuters) - Barclays Plc said it waspleased with its capital generation and was working towardsgetting its common equity ratio to above 12 percent as quicklyas possible.
Barclays on Thursday said its common equity capital ratiowas 11.1 percent at the end of September, unchanged from threemonths earlier and weaker than analysts expected, which somesaid showed it could need to raise cash in the future.
"We're very pleased with the capital generation of thecompany and the progression that we've made," Barclays FinanceDirector Tushar Morzaria told reporters on a conference call.
"Eleven percent isn't our final resting point, we've guidedto over 12 percent and we're working towards that as quickly andexpeditiously as we can," he said. (Reporting by Steve Slater; Editing by Matt Scuffham)
Barclays (BARC)
