Barclays Wealth posts 9% income fall in Q2

30 July 2015 | 1 minute read

The global wealth arm of Barclays saw its income drop by 9% year-on-year, said its latest quarterly earnings report, offset by the disposal of the bank’s US business. Barclays Wealth’s income stood at US$768.8 million, falling from US$842 million in June 2014. Barclays’ decision to exit the wealth management business in the US and consequently redress its customers also affected the client…

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