Barclays Hits Record IB Income Amid £228m Lending Loss
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Fri, 08 May 2026 12:30:04 GMT
Source: Dukascopy Bank SA
Barclays reported record investment banking income of £4bn, yet scaled back risky lending following a £228m hit from the collapse of UK mortgage firm MFS. CEO C.S. Venkatakrishnan warned of rising fraud while setting aside £105m for motor finance compensation.
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