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LONDON: British bank Barclays on Friday said its net profits dropped 16 percent to £3.0 billion (3.57 billion euros, $4.74 billion) in 2011 from a year earlier and cut its bonus pool by a quarter.
Barclays said it was reducing the bonus pot to £2.15 billion, down 25 percent compared with 2010, amid a backlash in Britain over bankers' pay.
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