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Barclays, BT, Lloyds, Deutsche Bank

London Stock ExchangeBarclays has reported a 35% rise in pre-tax profit to £837m for the three months to the end of September.

Chief executive James Staley said the bank had made “strong progress” in the quarter towards closing its non-core businesses and dealing with historical issues.For the nine months, however, pre-tax profit dropped 10% to £2.9bn.

The bank has set aside an extra £600m to cover the mis-selling of payment protection insurance (PPI) in the third quarter. That brings the total provision over the past two quarters alone to £1bn, after £400m was put aside in the second quarter.

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