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Barclays £47m quarterly loss

New Barclays boss Antony Jenkins insisted the bank was in good shape despite a torrent of reputation-scarring scandals and a £47 million quarterly loss.

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Barclays profit hit by PPI scandal

Barclays has reported a pre-tax statutory loss of £47 million for the third quarter, against a £2.4 billion profit for the same period last year.

The bank's adjusted pretax profit in the three months to the end of September was revealed to be £1.73 billion, in line with analysts' forecasts and up from £1.34 billion a year ago, thanks to strong profits from investment banking.

But including a £700 million charge for mis-selling payment protection insurance would have left profits down 23% at £1.03 billion.

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