The Libor-rigging scandal and provisions to cover mis-selling claims for payment protection insurance and interest rate swap products mean bottom-line pre-tax profits are expected to slump from £5.9 billion in 2011 to below £1 billion.
Stripping out one-off factors, analysts expect profits of £7.18 billion for 2012, up 28% on 2011, with more than half of this expected to come from its investment banking division.
More top news
Hunt accused companies of "turning a blind eye" to a generation of children "exposed to harmful emotional side effects" of social media.
Top temperature 24C/75F.
Austin Powers star Verne Troyer has died aged 49, his official social media accounts have confirmed.The diminutive US actor, best known for