Barclays Profits Take a Hit After 2Q 2022 Over Costly U.S. Trading Error

Posted on 07/28/2022


Barclays plc reported a £1.071 billion net profit attributable to shareholders, meeting expectations of £1.085 billion expected by analysts, according to Refinitiv data. It marked a 48% drop from the same period a year earlier. Barclays took litigation and conduct charges of £1.9 billion for the first half of 2022. This includes a £1.3 billion…

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