5.9k Share this

Barclays PLC said its net profit rose in the fourth quarter even as trading and deal making in its investment bank moderated following a furious period of activity.

The London-based bank on Wednesday said it earned £1.12 billion, equivalent to $1.52 billion, in the three months to the end of December. This was higher than the same period last year when the bank earned £220 million. Analysts expected the lender to report a £1.02 billion profit for the quarter.

Source: WSJ

5.9k Share this
You May Also Like

The Key Ingredients Shaping The Future Of Food Part 2

TULARE, CA – FEBRUARY 12: A Quantix drone made by AeroVironment (Photo…

‘Grim Reapers’ financial crimes unit revived to investigate Terra collapse

Legal troubles are mounting for the co-founder of failed Terra crypto project…

The Dept. of Commerce has 17 questions to help develop a crypto framework

The US Department of Commerce is calling for submissions on how it…

Investors Want To Run Away, But There’s Nowhere To Hide

Faced with rising rates and mounting inflation, investors are finding it extremely…

China Eases Covid Testing Requirements For U.S. Travelers, Shanghai Inches Towards Reopening

Topline Chinese authorities have eased Covid-19 testing requirements for travelers flying from…

Bitcoin price predictions abound as traders focus on the next BTC halving cycle

Terra’s (LUNA) recent collapse has been repeatedly singled out as the main source…

Daniil Medvedev Won’t Challenge Wimbledon Ban On Russian And Belarussian Players

Topline Daniil Medvedev, the second-ranked men’s tennis player, won’t take the All…

Who Won the U.S.-China Trade War?

Between 2018 and 2020, the U.S. and China fought the biggest trade…