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Barclays’ investment bank profit slides 23% as dealmaking fees slide
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fnlondon.comBarclays' investment bank profit slipped by 23% last year as the UK lender's dealmakers followed rivals with a sharp drop in fees.
The UK lender posted a profit of £4.3bn in 2022, which was a decline of 23% on the previous year despite buoyant performance by its fixed-income trading unit. Barclays' dealmaking fees slipped by 39% to £2.2bn, which was the smallest drop of its Wall Street and European rivals.
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