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Finance Banking Featured News World

Barclays profit rises 23% as Trump tariff turmoil lifts trading

 Barclays first-half profit rose by a better-than-expected 23%, the British bank said on Tuesday, as its markets business reaped bumper returns from the frenzied trading activity sparked by U.S. President Donald Trump’s trade tariffs. Pretax profit for the January-June period totalled 5.2 billion pounds ($6.9 billion), above analysts’ average forecast of 4.96 billion pounds. The bank […]

Banking Education Featured Finance World

Liquidity crisis support made in Switzerland and the too-big-to-fail subsidy

Banking crises have repeatedly inflicted serious damage on the real economy. This column discusses a new proposal for a public liquidity backstop in Switzerland to support the orderly resolution of systemically important banks in times of crisis. While such a backstop can deliver substantial ex-post benefits, it could also encourage excessive leverage and risk ex-ante […]