Barclays branch sign
Media playback is unsupported on your device

Barclays profits dip to £5.9 billion

Barclays Bank has announced a slight drop in its annual pre-tax profits - but still banked nearly £6 billion last year.

The bank is also cutting the bonus pool set aside for its investment division by 35%.

So far there has been no update regarding a bonus for its chief executive Bob Diamond - but the BBC understands he is due for a payout worth £3m.

The BBC's John Moylan reports.

  • 10 Feb 2012
Go to next video: Barclays 'in top 10 world banks'