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.

Latest articles

Accord reduces mortgage rates on 95% LTV deals

Accord Mortgages is reducing selected residential mortgage rates by up to 0.26 percentage points...

HTB raises HMO mortgage LTV limit to 80%

Hampshire Trust Bank (HTB) has increased its maximum loan-to-value (LTV) ratio for eligible houses...

GB Bank introduces single-solicitor option for property refinancing

GB Bank has introduced dual legal representation for eligible buy-to-let and bridging refinancing applications,...

Norton Home Loans raises first charge lending limits

Norton Home Loans has increased its maximum first charge mortgage loan to £350,000 at...

Rental market divides as London supply squeeze drives up rents

Average advertised rents outside London have exceeded £1,400 a month for the first time,...

Latest publication

Other news

Accord reduces mortgage rates on 95% LTV deals

Accord Mortgages is reducing selected residential mortgage rates by up to 0.26 percentage points...

HTB raises HMO mortgage LTV limit to 80%

Hampshire Trust Bank (HTB) has increased its maximum loan-to-value (LTV) ratio for eligible houses...

GB Bank introduces single-solicitor option for property refinancing

GB Bank has introduced dual legal representation for eligible buy-to-let and bridging refinancing applications,...