Barclays plc has delivered something of a curate's egg wrt it Q3 financials released today.
Pretax profit in the three months to the end of September fell from £1.36BN (Q3 2009) to £327M million pounds, a fall of 76%.
Analysts had expected profits of around £700-800M.
A large chunk of the fall was due to poor results from the investment arm of the bank, which posted a pretax loss of £182M compared with a profit of £369M the year earlier.
That being said Barclays state that their capital ratio is strong, which will enable it to weather any future storms.