Barclays reported better than expected first-quarter profit on Thursday after a strong performance from its credit card business offset pressure on other business lines.
The British bank's pretax profit of 2.6 billion pounds beat analyst forecasts for a repeat of the previous year's 2.2 billion pounds.
Income at the lender's consumer, cards and payments division rose 47% to 1.3 billion pounds thanks to rising credit card balances driven partly by its acquisition of a portfolio from retailer Gap last year.
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