Wealth and Asset Management
Barclays wealth arm swings into profit
Barclays reported adjusted profit before tax was down 20% to £4.976bn in the nine months to end-September, largely driven by costs to achieve Transform of £741m. Credit impairment charges improved 6% to £2.353bn. Figures include a £317m decrease in income from Exit Quadrant Assets, as disposals accelerated throughout 2013. There…
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