Barclays bank returns to profit in first quarter
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.
Barclays Bank has announced that profits fell by 3% to £5.9 billion last year, despite an upturn in total income.