Monday, 5 May 2014

Barclays quarterly profits fall 5%

6 may 2014 last changed to 07:23 Barclays bank Barclays Barclays adjusted profit before tax have fallen 5% after a decline in income from investment banking.

The Bank reported an adjusted profit of £69bn, below in the last year, partially offset by a decline in revenue on the investment banking business.

Barclays warned in April its first quarter profits down from the previous year would be.

Barclays shareholders have been unhappy over bonus payments at the Bank, given declining profits.


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