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London - Barclays said its key investment bank arm ended
last year with its worst quarter for three years as the eurozone debt crisis
hit bond trading activity, dragging the British bank's annual profit down on
the year before.
Barclays, Britain's fourth-biggest bank by market value, on
Friday reported a pretax profit of £5.9bn for 2011, down 3% on the year and
below analysts' forecast of £6.1bn, according to a company poll.
Income at investment bank arm Barclays Capital fell to £1.8bn in the fourth quarter, down 19% on the previous three months.
