Barclays Profit Lifted by U.S. Credit-Card Business

Barclays combines a major investment bank with substantial consumer, credit-card and business-banking operations. Photo: PHOTO: Justin Tallis/Agence France-Presse/Getty Images
Barclays PLC ’s profit rose robustly in the first quarter despite banking turmoil that roiled both sides of the Atlantic.
Profit grew 27% in the first three months of the year from a year earlier, to £1.78 billion, or about $2.22 billion, the British bank said Thursday. Analysts had expected a profit of £1.45 billion, according to a Barclays poll.