Results tagged “Barclays Bank”

Barclays Bank has reiterated its commitment to lending in the UK after announcing pre-tax profits of £5billion for first nine months of this year.

The Canary Wharf-based bank saw its profits rise by 18 per cent on the same period last year, while profits for the quarter were up to £2.4billion.

An intrepid band of Barclays bike riders have raised more than a quarter of a million pounds for charity after pedalling from Edinburgh to London.

The 30 Canary Wharf-based lawyers and 18 of their suppliers arrived in central London yesterday after completing the 450-mile ride in just five days - with one of their team making the journey on a Barclays hire bike.

One of Barclays most senior bankers has been named as an ambassador for east London HIV charity Positive East.

Antony Jenkins, Barclays' retail and business banking chief executive, will have a key role in promoting Barclays' staff involvement in the charity's activities and raising awareness of HIV in the workplace.

Barclays has announced annual pre-tax profits of £6.065billion for 2010.

The figure represents a rise of 32 per cent on the bank's £4.585billion profit the previous year. Income for the group was up eight per cent to £31.44billion, while bad loan provision was down by 30 per cent.

Corporate giving could be making a comeback after Barclays pledged its support for Boris Johnson's Fund for London morning.

The Wharf-based bank promised a £1million donation over four years for the Mayor's Fund, a charitable initiative to help improve the lives of underprivileged children in east London.