Barclays (BCS.US) reported a 23% increase in profit in the first half of the year and announced a $1.3 billion stock buyback plan.

Zhitong Finance and Economics APP learned that Barclays Bank (BCS.US) of the United Kingdom released its second quarter financial report on Tuesday, driven by the market trading frenzy sparked by US President Donald Trump's trade tariffs, its market business reaped rich rewards, and its performance exceeded expectations. In addition, the bank also announced a 1 billion (approximately $1.33 billion) share buyback plan.