How did Wall Street outpace Barclays' trading gains?
Wall Street rivals' equities revenue rose about 69 percent on average last quarter, easily outpacing Barclays' 45 percent rise, Reuters reported. Both banks benefited from volatility tied to the Iran war and a rush of mergers and stock listings during the period. Barclays still missed advisory work on the SpaceX listing, a gap that helps explain the shortfall against its US rivals.
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