Lehman purchase boosts Barclays profits

Lehman purchase boosts Barclays profits

Agence France-Presse
Profit after tax jumped to an equivalent of 942 million euros or $1.25 billion in the first three months of 2009 compared to the first quarter of 2008, Barclays said. Sales surged 42 percent to a record 8.15 billion pounds and Barclays added that it would resume shareholder dividend payments in the fourth quarter of 2009 after suspending them last year.