The benefits of Barclays increased by Flurry’s negotiation

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Barclays recorded a 20 percent increase in the first quarter, aided by a solid performance in its investment bank and trade activity triggered by the World Trade Commercial War of Donald Trump.

The bank said that its net profits were 1.9 million pounds, up to £ 1.6 million a year earlier and ahead of the expectations of the analyst of 1.68 million pounds, while revenue increased by 11 percent to £ 7.7 million.

Barclays Investment Bank recorded a revenue of 3.9 million pounds in the first three months of the year, 16 percent more than last year’s period, and variable income negotiation contributed £ 963 million.

Wall Street and Europe banks have benefited from an increase in market volatility since the start of the Trump administration in January. Barclays has traditionally been stronger in fixed income negotiation.

This is a development story