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People and MarketsBank Results

Barclays sucks up CIB profit dip to pay bonuses earlier

Barclays 2

Barclays showed some quality on Thursday, beating the Street’s estimates on capital and profit after extraordinary charges. The bank rode the wave of surging trade volumes in the fourth quarter and a strengthening dollar, but investment banking outperformed as well. Best of all, for its bankers, the firm said it was bringing forward bonus payments.

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