Wednesday, April 24, 2013

Kenya Reinsurance 2012 pretax profit jumps 45 pct

By Steve Slater LONDON (Reuters) - British bank Barclays' investment banking division beat expectations in the first quarter, outshining the wider group's earnings drop and sending its shares to a 6-week high. Overall profits at Britain's third-largest bank were down a quarter from a year ago, it said on Wednesday, due to the costs of new Chief Executive Antony Jenkins' plan to overhaul the lender after a series of scandals involving interest rate fixing, mis-selling of products and boardroom excess. ...

Source: http://news.yahoo.com/kenya-reinsurance-2012-pretax-profit-jumps-45-pct-075022347--sector.html

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