Barclays takes £1bn credit writedown - Daily Telegraph

Story date: 2008-05-15 07:50:00
Added on: 2008-05-15 11:39:50

Barclays has revealed new write downs of £1bn in the first quarter in the wake of the sub-prime crisis. The writedowns are on top of the £1.6bn already disclosed. The write downs at Barclays Capital, which is run by Bob Diamond, comprise a £495m ...


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