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Q1 earnings season kicks in: Barclays, ANZ and Macquarie report

Barclays’ first quarter profit went up 29% to £1.1bn (US$1.68bn). In its pre-tax profit of £1.8bn, £1 .5bn came from corporate and investment banking and wealth management, which saw a year-on-year increase of 47%. At Barclays Wealth, profits increased 50% to £45m, driven by very strong income growth in the high net worth business. Current assets increased 3% to £155bn…

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