British bank Barclays in 2018 reduced its net profit by 1%


British financial conglomerate Barclays has published its reports for the past year. According to the information based on these statements, the net profit of the bank before taxes decreased by 1% to 3 billion 494 million pounds, being below economists' forecast of 3,660 million pounds. At the same time, the bank reported an increase in operating income by 5% to 19 billion 668 million pounds. The fourth quarter was successful for the bank, when pre-tax profit showed a fourfold increase, amounting to 374 million pounds. At the same time, there was a quarterly decrease in operating income by 0.4% to 4 billion 430 million dollars.

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