Barclays’ (BARC.L) first-half profit rose by a better-than-expected 23 per cent, the British bank said on Tuesday, as its markets business reaped bumper returns from the frenzied trading activity sparked by US President Donald Trump’s trade tariffs.
Pretax profit for the January-June period totalled 5.2 billion pounds ($6.9 billion), above analysts’ average forecast of 4.96 billion pounds.
The bank also announced an expected share buyback of 1 billion pounds and
