A view of the Canary Wharf financial district of London.
Prisma by Dukas | Universal Images Group | Getty Images
LONDON — Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit card businesses compensated for weakening investment bank revenues.
Analysts polled by Reuters had produced a consensus forecast of £1.18 billion, down from £1.33 billion in the second quarter.
The British lender warned in July that it expected to earn less interest in its U.K division.
This is a breaking news story and will be updated shortly.
Source link
credite