Chebanca!: Barclays Non-Core rundown accelerates: Sale of Italian retail banking network completes

(4-traders.com) Barclays PLC announces today it has completed the sale of its Italian retail banking network to CheBanca!, a member of the Mediobanca Group. The transaction shows further progress in the rundown of Barclays Non-Core, resulting in a 30 June 2016 pro forma decrease in Risk Weighted Assets of £0.6bn and a loss before tax...http://www.4-traders.com/BARCLAYS-PLC-9583556/news/Barclays-Non-Core-rundown-accelerates-Sale-of-Italian-retail-banking-network-completes-22974551/