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Barclays Launches £1 Billion Buyback After Traders Lift Earnings

Barclays Launches £1 Billion Buyback After Traders Lift Earnings

Bloomberg5 days ago
Barclays Plc is buying back a further £1 billion ($1.3 billion) worth of shares after its traders turned in a better-than-expected quarter.
The fixed-income desk brought in £1.45 billion, a rise of 26% compared with a year ago, while the equities desk made £870 million, an increase of 25% year-on-year. Both were ahead of analyst estimates compiled by Bloomberg.
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