Barclays signs JV for retail IPO investors

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The Independent Online

Barclays' investment banking arm has signed a deal that will allow retail investors better access to companies floating on the stock market.

Barclays Capital has formed a joint venture with retail share-offering consultancy Solid Solutions Associates. BarCap said the partnership was an important addition to its UK equity capital markets business. Retail investors are looking at alternative investment products including flotations while interest rates on cash deposits remain close to zero, a spokesman said.

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