Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Media reports force Barclays to alert 2013 profit figures

Media reports force Barclays to alert 2013 profit figures

A report in the Financial Times has prompted Barclays to take the unusual step of releasing its headline earnings a day ahead of schedule, the bank has claimed.

In the briefest of updates Barclays said it will announce full-year profit of £5.2 billion for 2013 and a statutory profit before tax of £2.9 billion in it results, which are scheduled to be released at 7am tomorrow morning.

While the bank didn't give any further details of the release, in a subsequent report in the BBC the bank is said to have described the FT story as 'close enough, and so it was felt that we needed to provide clarity'.

The news comes after Barclays launched an investigation into separate reports that up to 27,000 confidential client files had been sold to brokers. The allegations were leaked to the Mail on Sunday by a whistleblower.

At 11.55am shares in Barclays were up 1.41% at 275p.  

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter