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Barclays Plc on Aug. 2 reported first-half after-tax profit attributable to equity holders of £1.50 billion, or 11.9 pence per share, compared to £2.43 billion, or 19.7 pence per share, in the year-ago period.
Meanwhile, first-half after-tax profit dropped 32% to £1.98 billion from £2.92 billion in the first half of 2010.
The British bank's total income net of insurance claims for the period was £15.33 billion, down from £16.58 billion in the year-ago period. Impairment charges and other credit provisions dropped 41% year over year to £1.83 billion from £3.08 billion. Net operating income was £13.50 billion,...