Barclays Expects Q1 Profits To Continue Through End Of Year

Though no numbers were released, Barclays officials said the bank anticipates its excellent first quarter profits will continue throughout the year. The third largest bank in the UK, Barclays announced its retail banking business underwent strong growth and that the

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Though no numbers were released, Barclays officials said the bank anticipates its excellent first quarter profits will continue throughout the year.

The third-largest bank in the UK, Barclays announced its retail banking business underwent strong growth and that the banks income also rose as a result of overseas investment banking and wealth management services.

The bank should see further international growth in coming years as it seeks to hit its goal of bringing in 50% of its profits from overseas sources by 2008.

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