Barclays has reported a 23% increase in profits, driven by a surge in dealmaking. The UK-based bank's pre-tax profit rose to $468 million in the third quarter, up from $279 million in the same period last year. This boost is attributed to an uptick in mergers and acquisitions activity globally.

Source: https://www.ft.com/content/03cbd8ae-a494-467d-8763-72046fb1908e