Article: Barclays buys Italian mortgage business.

Global Banking News-7 November 2008-Barclays buys Italian mortgage business(C)2008 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 07 November 2008(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

UK-based Barclays Plc (LSE: BARC) has announced that it has bought an Italian mortgage business.

On Thursday the bank said that it had bought the Italian residential mortgage business of Australia-based Macquarie Bank (MQQ1.DE). The British bank has not specified how much it paid for the business. It had raised GBP7.3bn from ...

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