FTSE 100-listed Barclays said income from its UK operations fell 7% year-on-year, amid subdued mortgage lending and 'adverse deposit dynamics.' ...

The slowdown in the UK mortgage market continues to hit revenues at Barclays, with the UK bank reporting a drop in income for the three months to the end of March 2024.   Barclays said that loans and ...

Barclays has reported an 11 per cent drop in profit as the boost from higher interest rates fade and its investment bank underperforms its Wall Street rivals.

Barclays has reported lower profits for the start of the year, as mortgage lending and deposits dipped and its investment bank was squeezed amid prevailing economic uncertainty. The high street ...

Barclays has reported an 11 per cent drop in profit - slightly outperforming analysts' estimates - as the boost from higher interest rates fades and its investment bank struggles to compete with its ...

Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slump ...

Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower income from trading and a drought of M&A fees showed the difficulties it will face in ...

Barclays ( BARC.L) has reported lower profits for the start of the year, as mortgage lending and deposits dipped and its investment bank underperformed. Profit after tax dropped to £1.6bn in the first ...

Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loans ...

Barclays posts profit before tax of £2.28bn for the three months to end March (Q123: £2.59bn) with the decline in profits reflecting margin pressure ...

Barclays' 12% profit drop came alongside a 7% income drop on UK operations, due to what the bank said was "subdued mortgage lending amid lower market demand". But more positive general forecasting for ...

Barcalys ( NYSE: BCS) stock gapped up 6% in Thursday premarket trading in the U.S. after the profit before tax more than doubled sequentially, but dropped from a year ago, as the U.K. lender ...