Barclays has reported lower profits for the start of the year, as mortgage lending and deposits dipped and its investment bank was squeezed amid prevailing economic uncertainty.
It saw customer deposits dip by 2% driven by lower customer account balances, which the bank said reflected broader consumer trends. Barclays group chief executive CS Venkatakrishnan said the bank was “focused on disciplined execution” of its cost-saving plan.
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Source: i newspaper - 🏆 8. / 89 Read more »