The group posted a strong but unsustainable set of results supported by trading and hedging gains. The CET1 ratio is getting closer to the group’s threshold but the gain will be fully reversed by the anticipated unwinding of the two controversial pension transactions spotted by the regulator last April.
28 Oct 2022
Strong but unsustainable results
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Strong but unsustainable results
Barclays PLC (BARC:LON) | 203 26.1 6.7% | Mkt Cap: 30,519m
- Published:
28 Oct 2022 -
Author:
David Grinsztajn -
Pages:
2
The group posted a strong but unsustainable set of results supported by trading and hedging gains. The CET1 ratio is getting closer to the group’s threshold but the gain will be fully reversed by the anticipated unwinding of the two controversial pension transactions spotted by the regulator last April.