{"id":400931,"date":"2011-04-27T06:37:03","date_gmt":"2011-04-27T06:37:03","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/27\/barclays-quarterly-profit-falls\/"},"modified":"2011-04-27T06:37:03","modified_gmt":"2011-04-27T06:37:03","slug":"barclays-quarterly-profit-falls","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/","title":{"rendered":"Barclays&#8217; quarterly profit falls"},"content":{"rendered":"<p><div readability=\"55.3358851675\"><span><span>27 April 2011<\/span> <span>Last updated at<\/span> <span>02:37 ET<\/span><\/span><\/p>\n<p>UK bank Barclays has reported a 9% fall in pre-tax profits for the first three months of the year to \u00a31.66bn.<\/p>\n<p>The news comes as the bank prepares to face its shareholders at its annual general meeting.<\/p>\n<p>Two groups representing investors have raised concerns about the bank&#8217;s bonus plans, which are due to be voted on at the gathering later on Wednesday.<\/p>\n<p>The bank&#8217;s chief executive, Bob Diamond, is in line for basic pay of \u00a31.35m, plus a bonus for 2010 of \u00a36.5m.<\/p>\n<p>There are other incentive payments in the package, including a future conditional share award of \u00a36.75m and \u00a313.8m of shares that he is owed as part of previous long-term performance plans.<\/p>\n<p>The fall in profits was largely due to a decline in profits from corporate and investment banking, which were down by 29% at \u00a3983m.<\/p>\n<p>However, profits from its retail and business banking operations jumped by 21% to \u00a3692m, helped by a 39% fall in charges relating to bad debts..<\/p>\n<\/div>\n<p>Go here to see the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-13205100\" title=\"Barclays' quarterly profit falls\" rel=\"noopener noreferrer\">Barclays&#8217; quarterly profit falls<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 27 April 2011 Last updated at 02:37 ET UK bank Barclays has reported a 9% fall in pre-tax profits for the first three months of the year to \u00a31.66bn. The news comes as the bank prepares to face its shareholders at its annual general meeting<\/p>\n","protected":false},"author":0,"featured_media":400932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-400931","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Barclays&#039; quarterly profit falls - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Barclays&#039; quarterly profit falls - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"27 April 2011 Last updated at 02:37 ET UK bank Barclays has reported a 9% fall in pre-tax profits for the first three months of the year to \u00a31.66bn. The news comes as the bank prepares to face its shareholders at its annual general meeting\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Barclays&#8217; quarterly profit falls\",\"datePublished\":\"2011-04-27T06:37:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/\"},\"wordCount\":179,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/\",\"name\":\"Barclays' quarterly profit falls - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-04-27T06:37:03+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Barclays' quarterly profit falls - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/04\/27\/barclays-quarterly-profit-falls\/","twitter_card":"summary_large_image","twitter_title":"Barclays' quarterly profit falls - Ghanamma.com","twitter_description":"27 April 2011 Last updated at 02:37 ET UK bank Barclays has reported a 9% fall in pre-tax profits for the first three months of the year to \u00a31.66bn. 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