Barclays profit gets boost from deal-making, following Wall Street’s lead
21 Oct 2021
Share
Barclays headquarters in London, England.
Justin Solomon | CNBC
Barclays reported better-than-expected third-quarter profits on Thursday, following its Wall Street rivals in receiving a significant boost from its investment banking division.
The British bank reported attributable profit of £1.45 billion for the third quarter. Analysts had expected a net income of £931.25 million, according to Refinitiv data, and the figure marks a significant increase from the £611 million reported in the same period last year.
This is a breaking news story and will be updated shortly.