Barclays chairman Sir David Walker has said plans to raise £5.8 billion from its shareholders to plug its capital shortfall would leave the bank "in an even stronger capital position".
The Prudential Regulation Authority (PRA) reported last month that Barclays needed to raise £3 billion in reserve to cover their risks.
As a result we expect Barclays to be in an even stronger capital position, allowing us to increase the dividend payout ratio ahead of the original Transform target.
The Board expects that Barclays will continue to reduce leverage further, whilst maintaining target capital levels, and will aim to do so in a way that achieves sustainable returns above the cost of equity.
More top news
Ukip party leaders have vowed to overhaul candidate vetting processes after a string of allegations emerged just days before the election.
ITV News is ready to bring you all the results and drama from the most exciting and unpredictable general election night in a generation.
A pizza delivery driver was stabbed during a carjacking - but still managed to deliver his pizzas.