Thursday, April 26, 2018

Barclays reports better than expected first quarter pretax profit of $2.4 bln

LONDON, April 26 (Reuters) - Improved income at its investment bank helped Barclays report a better than expected first quarter pretax profit of 1.7 billion pounds ($2.4 billion) on Thursday, although fines and legal costs from historic misconduct issues led to a statutory loss.

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