Barclays reveals higher-than-expected earnings for the third quarter,

Yorkshire Post 2024-10-24

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Barclays has revealed its earnings jumped by nearly a fifth in recent months, as the investment banking unit cashed in on an increase in dealmaking amid continued cost-cutting. The bank reported a pre-tax profit of £2.2 billion between July and September, nearly a fifth more than the £1.9 billion made this time last year. This beats forecasts, with analysts previously pencilling in a third-quarter profit of about £2 billion.

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