IB keeps Barclays steady despite provisions
Helped by a buoyant performance from its investment bank, Barclays made £7.33bn of revenue in the second quarter of 2013, almost flat on the year-ago quarter’s £7.38bn. But its profit was only £142m, as it took £2bn of charges for misconduct.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts