Santander profit beats forecasts on strong UK, U.S. performance

Reading Time: 2 minutes Spain’s Santander beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss provisions, strong U.S. consumer business and a rise in mortgage lending in the UK market. The euro zone’s second-biggest lender in terms of market value reported a net profit of 2.07 billion euros ($2.45 billion)

Barclays banks surging first-half profit

British bank Barclays said on Wednesday that first-half net profits surged on lower-than-expected credit losses, as the global economy shows signs of recovery from the pandemic. Profit after tax soared to £3.8 billion (€4.5bn) in the six months to the end of June, compared with £695 million for the same period of 2020, Barclays said in a results statement

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Santander profit beats forecasts on strong UK, U.S. performance

Barclays banks surging first-half profit

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