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Barclays’ dealmaker fees drop by 45% as fixed income trading shines
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Barclays' investment banking fees slipped by 45% during the third quarter, the smallest drop of its major rivals as banks continue to struggle against a declining outlook for dealmaking.
The UK lender made £533m in investment banking fees during the third quarter, a decline of 45% on the same period a year earlier. Wall Street and European banks to report results so far have seen drops of over 50%.
However,...
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