LONDON, June 20 (Reuters) - Barclays said it canfill a 3 billion pound ($4.7 billion) capital shortfallidentified by Britain's financial regulator from earnings andother restructuring measures and does not plan to issue equity.
Britain's Prudential Regulation Authority said Barclaysneeds to find 3 billion pounds under a capital exercise based onend-2012 data, out of a 27.1 billion shortfall for Britain's topbanks.
Barclays said it is confident it will exceed the PRA'scapital target by the end of 2013 through its capital generativebusinesses and more disposals of legacy assets, which it saidhad accelerated this year. "As agreed with the PRA, thisrequirement is expected to be met without recourse to equitycapital issuance," it said.
Barclays (BARC)
