Barclays rakes in £2.8bn profit but sets aside huge £823m war chest over fraud hit and global volatility

BARCLAYS has reported a pre-tax profit of £2.8billion — but has still set aside £823million to build a buffer against global uncertainty. The banking group’s first quarter gains are up 3 per cent on last year’s numbers. Income rose 6 per cent, with growth across the UK bank, corporate division, investment bank and US consumer...