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Barclays Beats Estimates With 18% Profit Jump as Investment Bank Shines

Barclays reported an 18% year-over-year increase in Q1 2025 pre-tax profits to £2.4 billion ($3 billion), surpassing analyst expectations of £2.1 billion, driven by a resurgence in its investment banking division. The British lender’s strategic pivot toward corporate and institutional clients is paying dividends. Key Highlights: Investment Banking Revenue: Up 27% to £3.8B (best quarter since […]

Barclays Reports Strong Q4 2024 Earnings Amid Cost-Cutting Measures

Barclays has reported robust earnings for the fourth quarter of 2024, surpassing market expectations. The British multinational bank attributed its strong performance to effective cost-cutting measures and improved revenue from its investment banking division. The bank’s Q4 net profit rose to £1.8 billion (2.3billion), driven by strong performance in fixed-income trading and advisory services. “Despite a […]