The UK bank delivered a ‘resilient’ second quarter of 2019 with good performance coming from the corporate & Investment bank, according to CEO Jes Staley (pictured), while in the USA – its main structured products market – sales volumes were at their highest levels in nine years.
For the second quarter in a row, Barclays generated a profit of over £1 billion (US$1.2 billion) and the bank delivered earnings per share of 12.6 pence for the first half of 2019. Barclays was the most prolific issuer in the US in the second quarter of 2019, with a 16% share of the market, ahead of JP Morgan (11%) and Morgan Stanley (9%) according to SRP data. The bank collected a combined US$2.27 billion from 563 registered notes during the period, up 55% in sales volume compared to t
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