Jul 27, 2023 / 01:30PM GMT
Operator
Welcome to Barclays Half Year 2023 Results Fixed Income Conference Call. (Operator Instructions) I will now hand over to Anna Cross, Group Finance Director; and Daniel Fairclough, Group Treasurer.
Angela Anna Cross - Barclays PLC - Group Finance Director & Executive Director
Good afternoon, everyone, and welcome to the Fixed Income investor call for our half year 2023 results. I'm joined today by Daniel Fairclough, our Group Treasurer. Let me begin with a brief overview of our performance over the half year before speaking to a few slides on the careful positioning of risk across our portfolios. I'll then hand over to Dan for his overview of our balance sheet.
Our return on tangible equity for the quarter was 11.4%, resulting in a 13.2% return for the first half. This is in line with our expectations. And looking ahead, we are very confident of achieving our RoTE target of above 10% for the year. The cost-to-income ratio was 63% for the quarter and 60% for the half, and we continue to guide to low 60s for the full year. Although we are still guiding
Half Year 2023 Barclays PLC Fixed Income Earnings Call Transcript
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