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The British-based bank Barclays today reported positive earnings for the first quarter of 2010.
Total revenue in the first quarter of 2010 increased 4-percent year-over-year (YoY) to £8.07-billion as the company saw significant growth in its investment banking division were pre-tax profits in the division increased by 62-percent to £1.47-billion
The top bank reported before tax profit of £1,820-million, an increase of 47-percent from the same quarter in fiscal 2009.
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