Profits double on the back of booming investment fees and strong mortgage lending

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LONDON (CU)_As United Kingdom’s economy begins to recover from the massive economic downturn brought about by the pandemic, the investment banking sector is booming , while the mortgage lending sector has also continues to remain strong. Therefore, it comes as no surprise that British multinational universal bank Barclays almost doubled its profits in the third quarter of this year, taking its year-to-date profit to a record high.

According to recent figures, the London- headquartered financial service provider’s profit before tax in the September quarter soared to…

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