- Barclays (NYSE:BCS) has set aside another £800M ($1.2B) to cover a potential settlement for alleged foreign exchange manipulation, bringing its total provision for resolving the scandal to £2.05B.
- The bank also reported a first-quarter statutory pretax profit of £1.3B (-26% Y/Y), and underlying pretax profit, which strips out the provision, of £1.85B (+9% Y/Y).