Company: BCS
Filing Date: 2025-02-13
Form Type: 6-K
Source: 0001654954-25-001446
Chunk: 20

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 6-K
Chunk 20
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11 |
| Equity                   
 capital markets          |        351 |      219 |       60 |     |                 98 |       38 |          |
| Debt                     
 capital markets          |      1,492 |    1,148 |       30 |     |                327 |      301 |        9 |
| Banking                  
 fees and underwriting    |      2,504 |    1,960 |       28 |     |                614 |      510 |       20 |
| Corporate                
 lending                  |        153 |      213 |      -28 |     |                 45 |      -23 |          |
| Transaction              
 banking                  |      1,606 |    1,644 |       -2 |     |                410 |      395 |        4 |
| International            
 Corporate Bank           |      1,759 |    1,857 |       -5 |     |                455 |      372 |       22 |
| Investment Banking       |      4,263 |    3,817 |       12 |     |              1,069 |      882 |       21 |
| Total income             |     11,805 |   11,035 |        7 |     |              2,607 |    2,037 |       28 |

IB delivered a RoTE of 8.5% (2023: 7.0%) which reflects the deep client relationships, synergies across the Investment Bank, prudent capital deployment and risk management. The performance is supported by growth in our diversified income streams including improved performance in Financing 1 and Equities within Global Markets, Equity and Debt Capital markets in Investment Banking. Costs have grown by 2% reflecting the commitment to grow costs modestly.

#### 2024 compared to 2023

#### Income statement
●

IB has a diverse income profile across businesses and geographies including a significant presence in the US. The appreciation of average GBP against USD adversely impacted income and profits, and positively impacted total operating expenses.

#### ●

**Profit before tax increased to £3,774m (2023: £3,196m)**

#### ●

#### Total income increased 7% to £11,805m
–

Global Markets income increased 4% to £7,542m driven by increased income in Equities, partially offset by lower income in FICC

–

Equities income increased