barclays bank posts £475mn pretax quarterly loss
Last Updated : GMT 09:07:40
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Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Barclays bank posts £475mn pre-tax quarterly loss

Egypt Today, egypt today

Egypt Today, egypt today Barclays bank posts £475mn pre-tax quarterly loss

London - AFP
British bank Barclays said Thursday that it suffered a pre-tax loss of £475 million ($769 million, 581 million euros) in the first quarter, hit by compensation claims and a huge accounting charge. The group's performance contrasted sharply with pre-tax profits of £1.655 billion in the same period in 2011, Barclays said in a results statement.
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barclays bank posts £475mn pretax quarterly loss barclays bank posts £475mn pretax quarterly loss



 
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