Barclays bank 2Q earns down 19% as income stagnates

LONDON (AP) — London-based Barclays bank says second-quarter earnings fell 19% as income stagnated and it set aside more money to cover bad loans.
Net income dropped to 1.03 billion pounds ($1.25 billion) from 1.28 billion in the same period last year. Income was largely flat at 5.54 billion pounds. Credit impairment charges and other provisions rose 70% to 480 million pounds.
The trans-Atlantic bank also warned about continuing uncertainties related to Britain’s departure from the E