Barclays profits pop 32% as its investment bank continues to gain momentum

Barclays reports increased profits in the third quarter of 2018, with trading and investment banking performing particularly strongly. Pre-tax profits climbed 32% to £1.46 billion, the bank said, up significantly from the £1.1 billion profit reported in the same period last year. Much of this outperformance was down to the bank's under-fire trading and investment banking arms, with markets trading revenues increasing 19% to £1.2 billion. The results will buoy the bank's management which is...