Barclays Earnings Leap

Barclays is reporting a 37% growth in Equities earnings in the 2nd quarter – from $588 million in 2017 to $807 million. That makes the British lender the fastest growing stock trading unit of any major investment bank this year.

Image via Business Insider

While still a ways behind their US counterparts in terms of total revenue, Barclays easily outpaced its European competitors. The bank has been steadily padding its Equities trading team with outside talent over the course of this year with senior hires from other investment firms.