Sharp fall in Barclays third-quarter pretax profit

Barclays has said it has sufficient core-tier one capital to meet Basel III requirements

Barclays on Tuesday reported a sharp fall in pretax profit for the third quarter as income, including at its investment-banking business, fell.

The UK bank also moved to ease concerns that it will have to raise capital ahead of new regulatory requirements. Its core tier-one ratio stood at 10% at September 30.

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