Barclays results no longer impacted by last year’s over-issuance

Barclays has reported a group income of £6.3 billion (US$7.6 billion) for the third quarter of 2023 – down two percent year-on-year (YoY). There was no impact from the over-issuance of securities issuance of securities this quarter - Anna Cross Income for the corporate and investment bank (CIB) decreased six percent to £3.1 billion, driven by lower client activity in global markets, which was down 13% in dollars versus a record Q3 2022. Fixed income, currencies, and commod