barclays bank says profits weaken in first quarter
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Barclays bank says profits weaken in first quarter

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Arab Today, arab today Barclays bank says profits weaken in first quarter

LONDON - AFP
British bank Barclays said on Wednesday that net profits fell slightly in the first quarter, as revenues sank at its investment banking division Barclays Capital. Earnings after taxation dipped to £1.012 billion ($1.67 billion, 1.14 billion euros) in the three months to the end of March, compared with £1.067 billion in the same part of the previous year, it said in a results statement.
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