<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20071115/bs_afp/britainmarketsfinancebankingcompanybarclays"><img src="http://d.yimg.com/us.yimg.com/p/afp/20071115/capt.sge.uws40.151107101713.photo00.photo.default-512x338.jpg?x=130&y=85&sig=bh83OVOvnKiuroTKVWySMw--" align="left" height="85" width="130" alt="A Barclays branch in London. Barclays bank has said it has taken a 1.3-billion-pound (1.8-billion-euro, 2.7-billion-dollar) hit since the start of turmoil on the credit markets caused by the US home loan crisis.(AFP/File/Leon Neal)" border="0" /></a>AFP - Barclays bank on Thursday became the latest high profile financial institution to announce hefty losses linked to the US subprime mortgage crisis and consequent global credit crunch.</p><br clear="all"/>

View the entire article: Barclays takes 1.3 billion-pound hit in credit crunch
(AFP)