Barclays posts 74% growth in credit

Lewis McLellan

October 27, 2016 02:15 pm

barclays px230 — A woman uses an ATM machine at a branch of Barclays PLC in central London, Tuesday, Feb. 16, 2010. Barclays PLC on Tuesday reported a fourth quarter profit of 6.9 billion pounds ($10.8 billion), more than eight times larger than a year earlier, due to gains on the sale of its Global Investors unit to a private equity company. (AP Photo/Akira Suemori) | AKIRA SUEMORI/AP/Press Association Images

Barclays’ quarterly pre-tax profits surged 35% year on year to £837m, thanks to a strong three months for its investment banking division.

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Lewis McLellan