Barclays BCS inconsistent top-line performance is a major near-term headwind amid a challenging economic scenario. However, the banks restructuring initiatives continue to help manage operating expenses.
Barclays has been witnessing volatility in both net interest income (NII) and net fee, commission and other income in the last few quarters, mainly on the back of a challenging operating backdrop.
In 2021, NII declined, but net fee, commission and other income rose marginally. However, in 2022 and the first quarter of 2023, both metrics witnessed a rise. The second quarter of 2023 witnessed an increase in net interest income and a decline in net fee, commission and other income, while the third quarter recorded a rise in both the metrics …
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