Barclays profit surges as tariffs turmoil boosts trading activity

NAMPA / DPA

2025-04-30

London (PA Media/dpa) - Barclays has seen profits surge by nearly a fifth thanks to a boom in trading activity sparked by recent turmoil in financial markets after Donald Trump triggered a global trade war. The UK banking giant reported a better-than-expected 19% rise in pre-tax profits to £2.72 billion ($3.6 billion) for the three months to March 31, with income across its investment banking division soaring by 16% to £3.9 billion as it cashed i......

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Economy

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