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Barclays Third-Quarter Pretax Profit Jumps; Launches Forex Trading Review

30th Oct 2013 07:36

LONDON (Alliance News) - Barclays PLC Wednesday said it made an increased pretax profit for the third quarter, while also saying it has launched a review into its foreign-exchange trading over a period spanning several years in response to regulatory inquiries.

Barclays posted a GBP1.17 billion pretax profit in the third quarter, a substantial increase on the GBP91 million for the corresponding quarter in 2012.

The bank made a GBP2.85 billion pretax profit in the nine months to September 30, up from GBP962 million for the first nine months of the year in 2012.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2013 Alliance News Limited. All Rights Reserved.


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