Barclays FY21 Revenue Surges, Sees Difficult FY22; Names Anna Cross Group Finance Director

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(RTTNews) – Barclays plc (BARC.L, BCS) reported Wednesday that its fiscal 2021 revenue earlier than tax surged to eight.41 billion kilos from final yr’s 3.07 billion kilos.

Earnings per share have been 36.6 pence, up from 8.6 pence a yr in the past.

Whole revenue edged as much as 21.94 billion kilos from prior yr’s 21.77 billion kilos. Web curiosity revenue, in the meantime, dropped to eight.07 billion kilos from 8.12 billion kilos final yr.

Nigel Higgins, Chairman, stated, “Wanting forward 2022 may even be a difficult yr, albeit primarily for various causes in comparison with 2021.”

Individually, Barclays introduced the appointment of Anna Cross, at present Deputy Group Finance Director, as Group Finance Director topic to regulatory approval. Cross will be part of the Boards of Barclays PLC and Barclays Financial institution PLC as an Government Director, in every case with impact from April 23.

Cross succeeds Tushar Morzaria, who has determined to retire as Group Finance Director and as an Government Director of Barclays PLC and Barclays Financial institution PLC, in every case with impact from April 22.

Cross may even be part of the Group Government Committee, reporting to Group Chief Government C.S. Venkatakrishnan, often known as Venkat.

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.



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