Barclays Investment Bank Profit Rises 12% on Advisory Income

  • `Weaker conditions' for unit in October versus year earlier
  • Equities income rebounds from dark pool probe impact last year
Photographer: Chris Ratcliffe/Bloomberg

Barclays Plc, the second-biggest U.K. lender, said third-quarter profit at its investment bank rose 12 percent as income from advising companies on deals and managing bond sales increased.

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