Surprise Me!

Barclays Profits Drop

2020-07-29 5 Dailymotion

Barclays reported a 66% plunge in profits for the first six months of the year.<br />The bank was hurt by declining business in its UK group.<br />Business Insider reports that profits attributable to shareholders dropped to $899 million in the first half.<br />That's down from $2.6 billion last year.<br />The British bank set aside $4.7 billion in anticipation of bad loans related to the crisis period.<br />Barclays trading division posted a 60% jump in trading revenues in foreign-exchange, rates, and credit trading.

Buy Now on CodeCanyon