1129 GMT - Barclays's first-quarter results show that the bank has been a winner from the volatility induced by the announcement of U.S. tariffs, Quilter Cheviot's Will Howlett says in a market comment. Trading revenue at the investment bank boosted its top line and continued elevated volatility should provide further support in the short term, he writes. The analyst flags the bank's loan losses, which are a little higher than expected in both the U.S. an the U.K. "Barclays says it has adjusted its modelling in light of U.S. macroeconomic uncertainty and is stressing that the loan portfolio is not deteriorating, but given the current backdrop it is a small concern nonetheless," he notes. Shares are down 1.4% at 293.7 pence. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 07:29 ET (11:29 GMT)
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