Barclays posts fourth-quarter net loss, announces £1 billion share buyback

LONDON - Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square.LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul.Analysts polled by Reuters had expected net profit attributable to shareholders of £60.95 million for the quarter, accord ...