Barclays Currency-Trading Revenue Rose 27% in 2011 Versus 2010
February 10, 2012, 4:19 AM ESTBy Paul Dobson
Feb. 10 (Bloomberg) -- Barclays Capital’s revenue from currency trading rose 27 percent last year, “benefitting from market volatility and strong client volumes,” the London-based company said today in a statement.
Revenue from fixed-income, currencies and commodities trading dropped 27 percent from the previous year to 6.3 billion pounds ($10 billion) and tumbled 52 percent in the fourth quarter, according to the statement.
To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net
To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net
