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Barclays Profits Surge Amid Investment Bank Gains and Market Volatility
Barclays reported a significant surge in profits, with a 17% increase driven by its investment bank cashing in on a trading spurt. The UK bank's quarterly earnings rose 31% to £3.3bn, boosted by gains from market volatility, despite setting aside £1.4 billion for bad debts.
28 Jul, 06:30 — 28 Jul, 07:03
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L1
Far Left (1)
The Independent
Left
Center1
Center (1)
FT
Right
Far R
Geographic diversity— 1 region4/34
UK2
ℹAll sources from UK region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
FTVery High1d ago
Barclays profits boosted by market volatility gains
UK bank’s quarterly earnings rise 31% to £3.3bn
Read full article →The IndependentMostly Factual1d ago
Barclays profits surge 17% as investment bank cashes in on trading spurt
The profit uplift helped to offset the banking group setting aside £1.4 billion to cover bad debts.
By Anna Wise
Read full article →Coverage Timeline
First report: FT · 28 Jul, 06:30|Full coverage: 2 · 32m|Window: 32m
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