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Barclays Expecting Write Down of $1.3 Billion from Tax Reform

Barclays Expecting Write Down of $1.3 Billion from Tax Reform

British bank Barclays is expecting a write down of more than £1 billion equal to $1.34 billion on annual after tax profit due to the U.S. tax reform, said the bank in Wednesday in a prepared statement. The reform to U.S. tax system...