For Barclays, Less Is More in Investment Bank

Barclays boosts profit, ups income outlook as investment bank delivers
Barclays' reported a forecast-beating 18% rise in third-quarter profit on Thursday, and said slower than expected interest rate cuts and improving investment banking prospects would support revenues as it raised its income outlook for the year.
Barclays profit jumps 23% in third quarter, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023.
For Barclays, Less Is More in the Investment Bank
With Barclays boss C.S. “Venkat” Venkatakrishnan less than a year into his plan to revive the U.K. bank and its stock price, the signs are promising. Shares jumped Thursday, on course for their highes
Barclays third quarter profit beats forecasts with 18% rise
Barclays' third quarter profit rose 18%, it said today, as its investment bank cashed in on a jump in corporate dealmaking and trading during the period, echoing Wall Street rivals.
Barclays Profits Rise On UK, Investment Banking Gains
British bank Barclays on Thursday said its net profit jumped almost a quarter in the third quarter, helped by improved performance at its core UK and investment divisions alongside cost-cutting.
Barclays Stung by £85 Million in Losses on Leverage Finance Book
Barclays Plc said it recorded £85 million in losses tied to its leveraged finance portfolio in the third quarter after it ...
Barclays CEO: We are well protected against interest rate changes in the near term
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European markets close marginally higher; Renault, Barclays shares rise after posting quarterly results
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Barclays Traders, Dealmakers Help Pre-Tax Profit Top Estimates
Barclays Plc profit was buoyed by an increase in trading revenue in the third quarter as it benefited from the uptick in ...
Barclays targeting RoTE of greater than 12% in 2026
Returns: targeting a greater than 12% RoTE; Capital returns: plan to return at least GBP 10B of capital to shareholders between 2024 and 2026, ...
Barclays Hit by $110 Million Junk-Loan Loss
A big charge against lower-rated loans that pay for buyouts. The U.K. bank recorded "fair value losses" of £85 million, or about $110 million, in the third quarte ...
Barclays alert as debit card declined twice - bank says this ‘definitely’ shouldn’t happen
A Barclays customer was left frustrated as their debit card was declined twice and they couldn't work out why. They contacted ...
Barclays’ Strong Financial Performance and Positive Outlook Justify Buy Rating
Morgan Stanley analyst Alvaro Serrano has maintained their bullish stance on BARC stock, giving a Buy rating on October 15. Alvaro ...
Barclays and Deutsche Bank Need to Chase More Equity Deals
Barclays Plc and Deutsche Bank AG have both benefited from interest rates staying higher than expected this year, supporting ...