Barclays pays out more than $1 bln to investors as profits rebound
H1 profit 5 billion pounds (2020: 1.3 billion) Bank launches 500 million pound buyback CEO says will stay around 2 more years Shares rise 3% LONDON, July 28 (Reuters) – Barclays (BARC.L) will pay out more than a billion dollars in dividends and buybacks to shareholders after beating first-half profit forecasts as bad loan fears receded […]
Deutsche Bank optimistic on revenues after profit beat
Longest streak of quarterly profit since 2012 Shares open higher but early gains fizzle Investment banking revenue drops as expected FRANKFURT, July 28 (Reuters) – Deutsche Bank (DBKGn.DE) on Wednesday delivered a fourth consecutive quarterly profit for the first time in nearly a decade and raised its revenue outlook despite a decline in business at […]