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Barclays H1 profit rises 10%

China Daily | Updated: 2009-08-04 08:13

Barclays H1 profit rises 10%

Stronger earnings from the investment-banking division helped boost Barclays' first-half net. Bloomberg News

LONDON: Banking group Barclays PLC said yesterday that first-half net profit increased 10 percent on stronger earnings from its investment banking division, although losses from bad loans rose steeply and consumers in the US and Britain had more trouble repaying credit-card debt.

Barclays H1 profit rises 10%

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