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September 16, 2023, USA, New York: Barclays Bank logo made in Manhattan.
Michael Kappeler | Drawing alliance Gets the image
British bank Bar On Wednesday, it was reported on small blows in the top and bottom line in the first quarter, increased higher investment bank performance.
According to LSEG, the income to taxation amounted to 2.7 billion pounds (3.6 billion dollars), which is 11% compared to last year and ahead of analysts’ expectations of 2.49 billion pounds. The group’s revenue reached £ 7.7 billion, above the projection of analysts at £ 7.33 billion.
The income from investment banking, its most profitable division, increased by 16% to 3.87 billion pounds.
Barclays’ return to material capital, a profitability measure, reached 14 % in the first quarter, after an average of 7.5 % in the December quarter.
The key to investors is how Barclays moves on its significant US exposition on the market, unleashed by the global US President Donald Trump. In particular, Barclays had a significant presence of the state since the acquisition of investment banking and capital markets of the Brothers Wall -Strit “Titan Leman for $ 1.75 billion.
Speaking in front of “Squawk Box Europe” CNBC, CEO Barclays CS Venkatakrishnanana said he expects “rather high market volatility”.
“Now it’s quieter, but I think it will continue to go up and down. Outside you seeing in our results, the market volatility helps us help customers to manage the risk, we can do it a profitable way that also helps them and helping the market as long as you manage the risk.”
Venkat Krylanan continued: “I think, going forward, the longer the economic uncertainty that denies decisions. Persons also require time to make decisions, you may have a risk of economic activity.”
“Although we have a good starting point we need to be prepared” to a number of scripts, he said CNBC, including economic weakness in his major UK and US markets
In 2024, in 2024, in 2024, the American business bank business from the British lender reached 9.1% of the revenue for material capital, with 4.1% in 2023. Revenues in the unit 1% higher up to 864 million in the first quarter, although the income of 7% to £ 55 million.
On April 2, Barclays’s shares took a steep fall when the White House started its trade war, but after that it resumed and remained 10% today – contrasted with the Swiss giant sharply UBSwhose delays of the United States and internal problems led to hemorrhage in the stock price.
Barclays consumer Barclays’ main unit has accommodated 12% higher revenue of £ 484 million and 23% higher revenue for 207 million pounds with the support of Tesco Bank.
Britain can gain a rare economic good as a result of its divorce from the European Union, after the block was impressed by 20% – now for a short time – the US mutual tariffs in early April. London, which is only 10% in such a White House beatings, is now trying to use its historical transatlantic relations and a widely more balanced trade record with the United States to provide a sweet commercial composition. However widespread global trade and growth Expected weighing on the economy.
Pressure in Barclays in homes meanwhile decreased with hippos Hsbc Announcing plans to stop the M&A and Equity Capital business business in the UK, USA and Europe amid refurbishing its investment operations. And the British unit of Spanish lender Santander Bank – Which has been crashed in recent weeks to become the largest bank of continental Europe in recent weeks – in March they said that 750 employees were at risk of dismissal, as it was directed 95 closure of the branches as part of a broader upgrade plan since June 2025.
While Santander insists that the UK remains a “major market”, the last step added questions whether the Spanish lender intends to get out of the British.