Barclays increases US sales as EQD drives Q2 revenues

Barclays Bank, the issuance entity of Barclays Plc in the US, traded US$3.55 billion notional across 861 structured notes registered with the US Securities and Exchange Commission (SEC) in the second quarter of 2024, according to SRP data . The sales volume translated to a 7.2% increase despite a 10.5% decrease in issuance quarter-on-quarter (QoQ). The UK bank stood out along with Morgan Stanley with a quarterly growth when their peer issuers slowed down, including J.P. Morgan, Goldman Sachs an