Barclays, Britain's third-biggest bank, said on Thursday that first quarter profits fell after suffering a 1.0 billion-pound (1.25 billion-euro, 1.95 billion-dollar) hit from the global credit crunch.
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British bank Barclays reports 1.0 billion-pound hit from credit squeezePosted by UK Economy News
In UK financial news
15May 08 Barclays, Britain's third-biggest bank, said on Thursday that first quarter profits fell after suffering a 1.0 billion-pound (1.25 billion-euro, 1.95 billion-dollar) hit from the global credit crunch.
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