Barclays has become the UK’s biggest bank by
assets, marginally overtaking Royal Bank of Scotland (RBS) by that
measure: £1.587tr ($2.54bn) to £1.581tr.
Go deeper with GlobalData
Barclays first half pre-tax profits – up by
44% from a year ago to £3.95bn – highlighted the bank’s increasing
reliance on Barclays Capital, that unit posting pre-tax
profits up 32% to £2.55bn.
By contrast, Barclays global retail banking
profits rose by only 7% to £901m.
But Barclays UK-based retail profits beat
analyst forecasts, up 61% at £504m.
RBS said it made a small net profit in the
first six months of 2010 (£9m) compared with a loss of £1.04bn in
the first half of 2009.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
