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Barclays posts bumper Q3 pre-tax profits on bond-trading boom

Friday, October 28, 2016 - 05:50

The stronger performance signals an early endorsement of CEO Jes Staley's restructuring plan.


BARCLAYS reported a forecast-beating bounce in third-quarter profits to £1.7 billion (S$2.9 billion) on Thursday, as it followed US peers in reporting a bumper quarter for its investment banking business.

The British bank's group pretax profits for the three months to the

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