US EditionBarclays Profit up 23% as Tariff Turmoil Lifts Trading
GREATER LONDON, ENGLAND, JUL 29 – Barclays' global markets income rose 21%, driven by trading gains from US tariffs, with pre-tax profits hitting £5.2 billion, a 23% increase surpassing forecasts.
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Barclays profit up 23% as tariff turmoil lifts trading
Barclays' first-half profit rose by a better-than-expected 23%, the British bank said today, as its markets business reaped bumper returns from the frenzied trading activity sparked by US President Donald Trump's trade tariffs.
Barclays posts 23 per cent rise in first-half profit
BARCLAYS reported a 23 per cent rise in first-half profit, exceeding expectations, as increased trading activity driven by US president Donald Trump's trade tariffs boosted its markets business.The bank said on Tuesday that pretax profit for January to June reached 5.2 billion pounds, above the analysts' forecast of 4.96 billion pounds.Barclays announced a share buyback of 1 billion pounds and a half-year dividend of 3 pence per share, amounting…
LONDON.— Barclays reported this Tuesday that his earnings for the first semester increased by 23%, surpassing market expectations, driven by strong performance in his market unit, which benefited from the intense trading activity unleashed by US President Donald Trump’s trade tariffs. Pre-tax profit for the January-June period amounted to £5.2 billion (US$6.9 billion), above the analysts’ average forecast, which was £4.96 billion. The British ba…
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