Barclays, Credit Suisse Skirt Subprime.

The article reports on the financial performance of European banks Barclays PLC and Credit Suisse Group. Barclay's profits increased by 14 percent in the first half of 2007, while Credit Suisse reports a 48-percent increase in net profits for the second quarter of the year. Both banks are optimistic that the U.S. subprime lending crisis will not affect their profitability.