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Barclays Says It Can Meet Expectations

Nov 26 - By Associated Press

Barclays Group PLC, which this month announced a $2.7 billion writedown tied to the U.S. subprime mortgage market collapse, said Tuesday that it still expects to post earnings this year in line with market expectations.

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Barclays Taking $2.7 Billion Writedown

Nov 14 - By Associated Press

Barclays Group PLC unveiled a 1.3 billion pound ($2.7 billion) writedown for losses on securities linked to the U.S. subprime mortgage market collapse — less than had been feared — in a surprise trading update on Thursday.

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