Barclays profits plunge on huge credit-related losses (TurkishPress.com)
Story date: 2008-08-07 02:51:56
Added on: 2008-08-07 04:00:26
British bank Barclays said on Thursday that net profit slumped 35 percent in the first half, hit by write-downs of 2.1 billion dollars (1.4 billion euros) for the US subprime housing and credit crises.
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