Shares in Barclays fell as much as 6% in early trading on Tuesday, after one of its top investors offloaded stock roughly equivalent to a 3% stake in the lender.
The sale comes as Barclays grapples with a fresh compliance and risk misstep, after it disclosed an estimated £450 million loss on Monday due to overselling structured products in the United States. Shares in Barclays had closed down 4% Monday after the bank said it oversold billions of pounds worth of the securities over a period of about a year, overshooting a $20.8 billion limit agreed with United States regulators by $15.2 billion.
75 pence, but this still represented a discount greater than 6% to Monday's closing price, heaping pressure on the share price.Read MoreBarclays shares opened down around 6%, near the sale price, before clawing back some ground. The stock was last down 4.3% at 153.5 pence at 02.27 a.m. E.T.
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