Barclays Vows to Hit Profit Targets Despite Turmoil ; Banking

Summary

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BARCLAYS today again reassured investors that customers in its High Street branches and for Barclaycard will ensure it hits profit expectations this year despite turmoil in the world's credit markets.

The bank, which had to rush out an update on trading at investment banking arm Barclays Capital two weeks ago, said it expects "2007 earnings per share to be broadly in line with the current market consensus".

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Barclays Vows to Hit Profit Targets Despite Turmoil ; Banking

The City is predicting that pre-tax profits will rise from Pounds 6.81 billion in 2006 to about Poun...

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