Barclays boosts profit, ups income outlook as investment bank delivers
Barclays reported a forecast-beating 18% rise in third-quarter profit on Thursday, as slower than expected interest rate cuts and upbeat investment banking prospects helped it raise its income outlook for the year. The buoyant earnings performance shows early promise for Barclays in its challenge, along with European rivals, to sustain earnings even as interest rates fall. Barclays […]