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Published on 4/27/2012 in the Prospect News Investment Grade Daily.

DBRS: Barclays unchanged

DBRS said that the ratings for Barclays Bank plc, including its AA (high) long-term debt rating and its R-1 (high) short-term rating, are unaffected by the group's 1Q12 interim management statement.

The trend remains stable.

For the quarter, Barclays reported a statutory loss before tax of £475 million, driven by £2.6 billion of charges related to the group's own credit tightening in the quarter, the agency noted.


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