{
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}
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barclays reports 23 percent profit increase in third quarter results

Barclays reported a 23% increase in net profit for the third quarter, reaching £1.6 billion, surpassing analyst expectations. Revenue also exceeded forecasts at £6.5 billion, driven by growth in domestic banking and investment income, while the bank raised its annual net interest income forecast for the U.K. to £6.5 billion. CEO C. S. Venkatakrishnan emphasized the bank's disciplined approach to interest rate management, contributing to its positive performance.
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British Pound Sterling HSBC Holdings plc Deutsche Bank Aktiengesellschaft Barclays PLC Tesco Bank GBR Joe Biden C. S. Venkatakrishnan Show more
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08:09 24.10.2024
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