Oct 30 Bulgaria 1 Report from London Nejra Cehic

Barclays experienced an unexpected profit increase in the third quarter, despite a decline in investment banking profits. The bank is transitioning towards retail banking, which now accounts for a significant portion of its profitability. Barclays is also involved in a currency rigging investigation, with a potential settlement on the horizon. The bank has faced multiple scandals, including the Libor rigging scandal, which led to leadership changes. Barclays continues to deal with fines and allegations related to control failings and misleading customers.

What was a significant factor in Barclays' third quarter profitability?

• Reduction in operational costs

• Transition towards retail banking

• Increased investment banking profits

• Expansion into new markets

How much did Barclays set aside for the currency rigging investigation?

• $500 million

• $1 billion

• $800 million

• $1.5 billion

Which scandal led to the resignation of Bob Diamond in 2012?

• Gold price manipulation

• Currency rigging scandal

• Libor rigging scandal

• Dark pool trading allegations

What was one of the fines Barclays faced in May?

• £40 million for investment banking losses

• £26 million for control failings over gold prices

• £30 million for misleading customers

• £50 million for currency rigging

What is Barclays accused of in relation to its private trading platform?

• Misleading customers

• Insider trading

• Overcharging fees

• Data breaches