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Snap news

The latest on Monday,

- Barclays announces plans to raise £6.5bn tier 1 capital - statement

- Tom McKillop and Fred Goodwin to step down from RBS; bank expects to raise £15bn - statement

- Bank of England has “unlimited” swap line with Fed; further liquidity ops - statement

- Premier Foods continuing to look a restructuring proposals - statement

- Futures show Eurostoxx 50 up 7 per cent; DAX up 6.8%; CAC-40 up 5.3%