Barclays May be Looking to Russian banks for Investment

While it declined to comment, reports are that British bank Barclays may be seeking financing from Russian lenders, although details aren't available on how much is being sought or whether it has been successful.

Recently Barclays has said they're pursuing about $10 billion to meet benchmarks set up by the British government.

Specific Russian banks mentioned in a report from the Wall Street Journal are VTB and Sberbank.

Barclays operates in Russia through their March acquisition of Expobank.