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Sunday, 26 October 2014

Barcap profit fall is good news

Barcapped

Well, sort of. In Q3, Barcap accounted for only 60 percent of Barclays' group pretax profits, down from 86 percent in H1. Of course, more profit everywhere would be better. But investors and regulators penalise risky investment bank profits. So higher retail profits are a boon.



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