barclays posts 3rdquarter net loss of £200 mln
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Barclays posts 3rd-quarter net loss of £200 mln

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Arab Today, arab today Barclays posts 3rd-quarter net loss of £200 mln

London - AFP
British bank Barclays, which was rocked by a rate-rigging scandal earlier this year, said Wednesday it fell into a net loss in the third quarter after making a large provision for insurance mis-selling. Losses after taxation stood at £200 million ($321 million, 248 million euros) in the three months to September, compared with £2.7 billion in the same part of the previous financial year, Barclays said in a results statement.
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