The U.S. bank with the biggest international business looks to cut persistently high costs.
The quarterly results represent a marked improvement on a year earlier, when the bank posted a $380M loss.
Staffers dismissed following an investigation into the manipulation of key interest rates set in London.
Will relocate its registered headquarters to London if Scotland votes for independence.
Bank will also plead guilty to two charges of breaking U.S. sanctions against trade with Sudan, Iran and Cuba.
Credit Suisse will pay a $2.5 billion fine to authorities for helping Americans evade taxes.
Barclays is to cut up to 14,000 jobs this year as part of a new strategy, the company has announced.
Shock drop raises expectations the European Central Bank will take action to stop the threat of deflation.
The agency sued 18 financial institutions in 2011 over their sales of mortgage securities.
Lower petrol prices pushed the U.K. inflation rate to a new four-year low of 1.7% last month, figures show.
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