Barclays reports 1H pretax profit 3.59B pounds vs. 4.34B pounds last year Reports Core Tier 1 ratio increased to 11.1%. The bank said adjusted profit excluded an additional 1.35B pound charge in respect of PPI redress and an additional 650M pounds for Interest Rate Hedging Products. This takes the total provision Barclays has made for both issues to 5.45B pounds, of which almost 3B pounds is unspent.
Judge throws out HFT suit against Barclays, exchanges, FT reports A U.S. judge has dismissed investor lawsuits against Barclays and certain U.S. exchanges alleging that the bank rigged its "dark pool" trading venue in favor of high-frequency traders, the Financial Times reports. The judge ruled that the plaintiffs did not claim any actions meeting the definition of "manipulative acts," the report says. Reference Link