UK banks storm ahead in forex
NEWS
Trading profits at Barclays Capital were up 42%, or £331 million, in the first half to £1,115 million, up from £784 million for the same period last year. This was attributed to strong performances across its rates and commodities business, particularly from FX, commodities and structured capital markets and credit derivatives.
"This was driven by higher volumes of client-led activity across a broad range of products and geographic regions, and the continued return on prior-year investments,"
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