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 Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: Rathbone's Newcastle boss on the road to £1bn

Profile: Rathbone's Newcastle boss on the road to £1bn

Starting from zero assets on day one, Rathbone's Newcastle team now looks after just over £400 million in clients money

Wealth Manager on Twitter