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  • it could be a good sign for the U.

  • K's big banks.

  • Barclays profits fell much less than expected.

  • For 2020 they dropped to about $4.3 billion.

  • That was way better than forecast.

  • The lender was helped by a strong year for its investment bank.

  • It will now resume paying dividends.

  • As a result, Barclays shares still tumbled, though down over 3.5% by early afternoon.

  • Investors noted the banks vague outlook for the year, which gave no set profit targets.

  • Barclays would only say it's returns are set to improve meaningful E.

  • Some industry watchers also question whether the investment banks strong performance can last.

  • Barclays, meanwhile, warned that its loss making consumer business was still under pressure.

  • Even so, analysts say the forecast beating numbers bode well for other UK banks set to report in the coming days.

it could be a good sign for the U.

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B1 barclays forecast investment lender bode strong

Barclays beats forecasts, though profits halve

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    林宜悉 posted on 2021/02/18
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