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.
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They deny a 'sweetheart deal' - but a senior source told ITV News the government promised to support such firms in the event of Brexit.
The father of Captain Khan, who died in Iraq in 2004, said the comment was "the most cruel thing you can say to grieving parents."
Little Sophia Williams died in a children's hospital in Edinburgh on June 5.