Bloomberg News

Barclays Corporate, Investment Bank Had ‘Increase in Volumes’

March 27, 2012

Barclays Plc (BARC)’s corporate and investment bank had an “increase in volumes” this year compared with the year-earlier quarter and fourth quarter, said Chief Executive Officer Robert Diamond.

“We are encouraged by the start to the year,” said Diamond in a statement on the bank’s website. “In Europe, the credit crunch in the second half of last year has been significantly eased by the European Central Bank’s injection of almost a trillion euros.”

To contact the editor responsible for this story: Jon Menon at jmenon1@bloomberg.net


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