Barclays has posted higher-than-expected profits after taking a smaller hit from the Covid-19 crisis than the City had feared.
The bank reported third-quarter pre-tax profits of £1.1 billion, more than double the £507 million forecast by analysts and much higher
Related News
Nordea beats forecasts on lending, lower costs
Nordea Bank Abp on Friday posted a forecast-beating third-quarter net profit amid higher lending, lower costs and loan loss reversals. The Helsinki-based bank swung to a...
Market Watch 2020-10-23The lone bear on HDFC Bank shrugs off profit beat
Pankaj Agarwal has mostly stuck to his sell rating on HDFC Bank Ltd. for six years, during which the lender’s stock has tripled in value, turning it into India’s biggest by...
Live Mint 2020-10-22The lone bear on India’s biggest bank shrugs off profit beat
By Ishika Mookerjee and Suvashree Ghosh Pankaj Agarwal has mostly stuck to his sell rating on HDFC Bank Ltd. for six years, during which the lender’s stock has tripled in...
The Times of India 2020-10-22RAKBank’s Q3 net profit slides on lower income and higher impairments
The National Bank of Ras Al-Khaimah (RAKBank) reported a 54 per cent drop in third-quarter net profit as total income reduced and impairments rose amid the coronavirus...
The National 2020-10-22Bajaj Finance Q2 net profit drops 36% on higher provisioning
MUMBAI : India’s largest non-bank lender Bajaj Finance Ltd on Wednesday reported a 36% fall in consolidated net profit at ₹965 crore in the September quarter on higher...
Live Mint 2020-10-21Barclays hands out billions in Covid support loans
Barclays Bank handed out 640,000 payment holidays to customers hit by Covid-19 restrictions and approved loans and support worth £25 billion. The lender added that it...
Belfast Telegraph 2020-10-23UBS profit doubles on trading surge
UBS Group AG said its net profit nearly doubled in the third quarter on a surge in client trading and deal making, freeing up cash for dividends and share buybacks despite...
Market Watch 2020-10-20