Barclays reports 21% fall in pre-tax profits, Barclays has reported a sharp fall in profits as it sets aside more funds to cover potential fines for misconduct.
Statutory pre-tax profits fell 21% to £2.26bn for the year to 31 December 2014.
The group increased its provision to cover any fallout from a probe into currency market manipulation by £750m to £1.25bn.
But stripping out this and other provisions, profits rose 12% to £5.5bn, the bank said.
Boss Antony Jenkins was awarded a £1.1m bonus - his first as chief executive - pushing his total pay package to £5.5m for 2014...Read More
Statutory pre-tax profits fell 21% to £2.26bn for the year to 31 December 2014.
The group increased its provision to cover any fallout from a probe into currency market manipulation by £750m to £1.25bn.
But stripping out this and other provisions, profits rose 12% to £5.5bn, the bank said.
Boss Antony Jenkins was awarded a £1.1m bonus - his first as chief executive - pushing his total pay package to £5.5m for 2014...Read More
