Barclays reported strong third-quarter earnings, with a profit before tax of £2.2 billion, an 18% increase year-on-year. Shares rose over 4% in after-hours trading, reaching their highest since 2015. The bank's success is attributed to its investment banking segment, cost-cutting measures, and a solid capital ratio. Barclays also upgraded its net interest income forecast for 2024, predicting it will exceed £11 billion. The strategic overhaul announced in February includes job cuts and the acquisition of Tesco's retail banking business. Teljes cikk (Euronews.com)