LONDON (AP) Barclays says third-quarter earnings rose 32
percent as the London-based bank reported its first results since
completing a post-financial crisis restructuring.
Pre-tax profit increased to 1.11 billion pounds ($1.47 billion)
from 837 million pounds. The bank, which shed riskier assets and
sold its African business to focus on Britain and North America,
said Thursday that net income rose 41 percent to 583 million
pounds.
Chief Executive Jes Staley says the quarter “was particularly
significant for Barclays as it was the first for many years in
which we have not been in some state of restructuring.”
Pre-tax profit at Barclays’ international unit f…
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