Barclays Q3 profit doubles amid global deal frenzy

By Lawrence White and Iain Withers LONDON (Reuters) -Barclays reported a doubling of third quarter profits, beating market expectations, as it followed Wall Street rivals in reaping bumper investment banking fees from a surge in advisory mandates and equities trading. The British bank on Thursday reported profit before tax of 2 billion pounds ($2.76 billion) for the July-September period, better than the 1.6 billion pounds average of analysts’ forecasts and twice the 1.1 billion pounds it made in the same period a year ago. Barclays’ advisory and equities business had a record performance in the first nine months of the