Barclays earnings up 32%, bolstered by investment banking business

23 February 2011 | 1 minute read

UK-based lender Barclays came out with a strong set of numbers for the fourth quarter that beat most analyst expectations and sent the stock soaring. Despite reporting a 32% rise in annual earnings on Tuesday, Barclays Banks has said it expects a tougher regulatory environment to impact its earnings potential. Staff costs have also been rising at the bank in…

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