Barclays' investment bank profit slipped by 23% last year as the UK lender's dealmakers followed rivals with a sharp drop in fees.
The UK lender posted a profit of £4.3bn in 2022, which was a decline of 23% on the previous year despite buoyant performance by its fixed-income trading unit. Barclays' dealmaking fees slipped by 39% to £2.2bn, which was the smallest drop of its Wall Street and European rivals.
