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Barclays Bank Profits Drop 38% for 2020

Barclays Bank announced a full-year profit of 1.53 billion pounds, equivalent to $2.11 billion, for 2020, down 38% from 2019 but exceeding analysts’ expectations. The UK bank announced a fourth-quarter net profit attributable to shareholders of £220m, even though the UK is dealing with new nationwide lockdown measures amid the …

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