Barclays’ shares fall despite improved profits

Published on

Barclays Plc has reported pretax profit in the three months to the end of March increasing 47% to £1.8 billion from a revised 1.2 billion 12 months ago.

Its investment banking arm, Barclays Capital, posted a 62% increase in profits to £1.5 billion.

Barclays’ share price fell 4.7% in early trading following the news.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

FCA bans former law firm manager over £28m client money case

The FCA has banned a former law firm manager from working in financial services...

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...

Walsham Brothers expands adviser reach with Paradigm Protect panel deal

Walsham Brothers has added Paradigm Protect to its growing list of distribution partners as...

Latest publication

Other news

Getting to know you: Sam Lindsay, My Mortgage Angel

Name: Sam Lindsay Age: 48 Location: Essex Firm: My Mortgage Angel Interests: Helping people on their homebuying...

FCA bans former law firm manager over £28m client money case

The FCA has banned a former law firm manager from working in financial services...

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...