Barclays profit gets boost from deal-making, following Wall Street's lead

Barclays profit gets boost from deal-making, following Wall Street’s lead

Barclays reported better-than-expected third-quarter earnings on Thursday, following its Wall Road rivals in receiving a big boost from its funding banking division.

The British financial institution reported attributable profit of £1.45 billion for the third quarter. Analysts had anticipated a internet revenue of £931.25 million, in response to Refinitiv knowledge, and the determine marks a big improve from the £611 million reported in the identical interval final yr.

It is a breaking information story and might be up to date shortly.

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