Barclays Soars on Trading Chaos | Business and Finance News

Barclays just smashed its first-half earnings with profits up 17.3% and revenue soaring 11% to $16.5 billion, fueled by a 45% spike in equity trading profits and strong investment banking growth. The bank’s bonus pool jumped 30% to $1.3 billion as top execs cash in on global market chaos — from wars to AI hype. CEO defends windfall tax critics, arguing bank profits fuel economic growth through lending. Analysts note non-investment banking income missed targets and deposit margins face pressure, but Barclays raised its 2026 income forecast and is doubling down on UK-focused lending, aiming to inject $30 billion into the local economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5ce9752782394382