Barclays reports 3% fall in profits
Barclays has reported a 3% fall in profits to £5.9bn for last year, hit by a slowdown at its investment bank arm.
British bank Barclays, seeking to fix its battered reputation caused by last year's Libor rate-rigging scandal, said Wednesday that it returned to profit in the first quarter with net earnings of 839 million pounds after a loss in the first three months of last year.