You are here

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

Friday, October 28, 2016 - 05:50

BT_20161028_DNBARCLAYS28_2570492.jpg
The stronger performance signals an early endorsement of CEO Jes Staley's restructuring plan.

London

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

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom