The quarterly results were depressed by some one-offs or seasonal charges and by the costs associated with the accelerated run-down of non-core assets. The underlying profitability remained remarkably stable at a decent 11% ROTE. The regulatory capital position enjoyed a strong boost from non-organic items.
23 Feb 2017
Accelerated non-core assets rundown
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Accelerated non-core assets rundown
Barclays PLC (BARC:LON) | 172 0 0.0% | Mkt Cap: 26,089m
- Published:
23 Feb 2017 -
Author:
David Grinsztajn -
Pages:
3
The quarterly results were depressed by some one-offs or seasonal charges and by the costs associated with the accelerated run-down of non-core assets. The underlying profitability remained remarkably stable at a decent 11% ROTE. The regulatory capital position enjoyed a strong boost from non-organic items.