Barclays profits rise on UK, investment banking gains …C0NTINUE READING HERE >>>
Barclays in February outlined plans to slash £2 billion in costs over the coming years, having axed 5,000 jobs in 2023.
Photo: Adrian DENNIS / AFP/File
Source: AFP
British bank Barclays on Thursday said its net profit jumped almost a quarter in the third quarter, helped by improved performance at its core UK and investment divisions alongside cost-cutting.
Profit after tax climbed 23 percent to nearly £1.6 billion ($2.1 billion) in the three months to the end of September compared with one year earlier, Barclays said in a statement.
“We continue to exercise cost discipline and…
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