LONDON—Barclays PLC Chief Executive Jes Staley pledged Thursday to more than double dividends at the loss-making British bank, as the U.S. executive looks to appease disgruntled shareholders. The move came as the bank reported a £1.9 billion ($2.64 billion) net loss for 2017, compared with a £1.6 billion profit the previous year, hit by a charge related to U.S. tax reform and poor returns at its investment bank’s trading unit. However,...

Source: Wall Street Journal February 22, 2018 07:48 UTC