trending Market Intelligence /marketintelligence/en/news-insights/trending/u8qbfsn38h6abuqmsw4pga2 content esgSubNav
In This List

US tax reform pushes Barclays to FY'17 loss of £1.92B

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


US tax reform pushes Barclays to FY'17 loss of £1.92B

Barclays Plc reported a full-year 2017 group loss after tax attributable to ordinary equity holders of the parent of £1.92 billion, compared to a profit of £1.62 billion in 2016.

The result included a one-off charge of £1.18 billion due to the reassessment of its deferred tax assets in the U.S. as a result of the recent U.S. tax reform.

For the fourth quarter of 2017, the British bank reported group loss after tax attributable to ordinary equity holders of the parent of £1.29 billion, compared to the year-ago profit of £99 million.

More details to follow.