Barclays overcomes £200mn credit hit to boost profits
Fee income in investment banking business helps drive pre-tax profits 3% higher to £2.8bn in first quarter
Barclays profits beat estimates
- Barclays sets aside £823m for bad debts after fraud hit but profits rise The Argus —
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- Barclays GAAP EPS of 14.10p, revenue of £8.16B; reffirms all 2026 and 2028 targets, announces £500m buyback Seeking Alpha —
- Barclays Reports £66 Billion Exposure to Non-Bank Lending Bloomberg —