Barclays reported a 12% increase in profit, totaling £2.3 billion, and announced a £500 million stock repurchase. Despite the rise, the bank underperformed expectations. The investment bank's subpar performance contributed to the overall shortfall. Additionally, Goldman Sachs reduced its stake in Ceres Power Holdings to 1.42% after crossing a threshold on October 16, 2026. The bank's regulatory news was noted in recent reports.