The British Barclays Bank achieved pre-tax profits that exceeded expectations, reaching 6.2 billion pounds (eight billion dollars) in 2019.
According to Reuters, the investment bank unit has generated abundant returns from trading fixed income instruments.
The BoE’s earnings were 9 percent higher than in 2018 and exceeded the average forecast of 5.7 billion pounds collected by the same bank.
Barclays paid a dividend of nine pence for the whole year, compared to 6.5 pence for the year 2018.
