Barclays (BCS -1.9%) is sliding on a WSJ report it is readying a massive share sale to help it...

|About: Barclays PLC (BCS)|By:, SA News Editor

Barclays (BCS -1.9%) is sliding on a WSJ report it is readying a massive share sale to help it meet a capital deficit created by new regulations. When it announces Q2 results next Tuesday, BCS reportedly will unveil plans to issue billions of pounds worth of new securities to fill a £7B ($10.8B) capital deficit U.K. regulators have identified at the bank and to erase investor worries about the adequacy of its capital.