LONDON (AP) -- Barclays PLC says net profit fell by 15 percent last year as earnings fell sharply in its investment banking division.
Barclays said Friday that profit after taxes was 3 billion pounds ($4.8 billion) last year, down from 3.56 billion pounds in 2010. Income was up 2.6 percent to 33 billion pounds.
Pretax profit in Barclays Capital dropped 32 percent to 2.97 billion pounds.
The bank says the average bonus for Barclays Capital employees will be 64,000 pounds, down 30 percent from 2010.
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