Barclays bank generated £5.2billion profits in 2013

BarclaysUK's banking giant, Barclays bank has said that it has earned a profit of £5.2 billion during the previous year even as it was affected by a financial scandal.

Barclays announced its financial results a day earlier than planned as it revealed figures in the financial diary of business newspaper. Barclays, which will publish its full annual results as scheduled today, might face criticism as the results were announced just a day after it was known that thousands of confidential customer files were stolen.

Chief executive Antony Jenkins and the board have approved a hike in bonuses even as the unit's revenues fell. The move might create tensions between the Bank of England and European regulators. Jenkins, the head of the Barclays bank has turned down the bonus offering from the bank for 2013 as the bank faced costs relating to the scandals.

The figures showed that the bank recorded fall in income to £27.9 billion and the underlying profit is lower than consensus forecast of around £5.4 billion. The bank had to set aside £2 billion to its bill for customer mis-selling scandals in the previous year.