LONDON—Barclays PLC said first-half net profit slipped nearly a third as the bank sucked up losses selling down unwanted assets and put aside cash to cover an uptick in bad loans. Barclays Chief Executive Jes Staley played down fears that the bank would be hit by Brexit, saying that he saw “no reason” to adjust the strategy or the pace of its...

Source: Wall Street Journal July 29, 2016 06:32 UTC