The gain was attributed to the relative success of the bank’s high net worth (HNW) businesses.
Pre-tax profits increased by 38%, or £33m ($51.4m), to £121m at Barclays in the first half of 2012 compared to the first half of 2011.
For the second quarter, pre-tax profits were relatively unchanged from the first quarter of 2012 increasing 2%, or £1m.
Since the end of 2011, client assets have risen by 7%, or £11.9bn, to £176.1bn. This is also up 4%, or £6.6bn, compared to the first half of 2011.
Customer deposits went up by 8%, or £3.5bn, to £50.0bn in the first half of 2012.
Loans and advances to customers also increased by 5%, or £1.0bn, to £19.8bn in this period.
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By GlobalDataAccording to Barclays, the growth was driven by the success of its HNW sector, while clients are holding onto cash amid volatile markets.
Source: Private Banker International