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 […]