Barclays disappoints on higher loan losses
High street lender Barclays (BARC) posted disappointing earnings for Q1 due to a rise in bad loan charges. The shares slumped 5p or 4.5% to 109p in early trading, taking losses to 14% year-to-date. Impairments to blame For the three months to March, the bank reported net interest income of £3.74 billion, slightly above the £3.41 billion … Continue reading Barclays disappoints on higher loan losses
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