The logo of Barclays Bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017. REUTERS
LONDON, April 25 (Reuters) – Barclays (BARC.L), reported its first-quarter profit fell 12% on Thursday, as it showed early signs of the difficulties it will face in delivering on its first strategic revamp in a decade.
The British bank reported pretax profit for the January-March period of 2.277 billion pounds ($2.84 billion), down from 2.6 billion pounds a year ago and in line with the 2.2 billion pounds average of analysts’ forecasts as compiled by the bank.
($1 = 0.8017 pounds)
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Reporting By Lawrence White, editing by Sinead Cruise
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