Barclays May Post Rise in Pretax Profit on Fixed-Income Division

Written By Unknown on Monday, 29 October 2012 | 23:00

Barclays Plc (BARC) might contend third-quarter
pretax distinction rose as income from a fixed-income arm of its
securities section jumped, mirroring gains during a U.S. competitors.

Pretax profit, incompatible supplies and accounting losses
from revaluing a bank's possess debt, substantially rose 25 percent to
1.67 billion pounds ($2.7 billion), according to a median
estimate of 8 analysts surveyed by Bloomberg. The London-
based lender is scheduled to news gain during 7 a.m. tomorrow.

The formula will be a initial for Antony Jenkins, who took
over as arch executive officer in Aug after Barclays was
fined a record 290 million pounds for utilizing Libor. He's
benefited from a miscarry in fixed-income markets triggered by
European Central Bank President Mario Draghi's Jul oath to
defend a euro with "whatever it takes." The

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Source:
http://www.news.ezonearticle.com/2012/10/30/barclays-may-post-rise-in-pretax-profit-on-fixed-income-division/

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