RESULTS from part-nationalised banks and oil giants BP and Royal Dutch Shell will guarantee a significant week for investors.
New Barclays boss Antony Jenkins will deliver his first set of figures on Thursday as the banking sector falls under the spotlight again in the third-quarter results season.
Mr Jenkins, formerly head of retail, took up the position of chief executive in August as Barclays reputation was in tatters from the fallout of the Libor rate-rigging affair.
The results will also be published on Marcus Agius’s last day as chairman at the bank, as he prepares to hand over the role to Sir David Walker on Thursday.
Barclays is expected to unveil adjusted pre-tax profits for the three months to September 30 of £1.7 billion, up 27 per cent on the same quarter in the previous year.
But this will not include an additional £700 million hit for covering the cost of mis-sold payment protection insurance claims nor a £1.1bn own credit charge.
The PPI mis-selling affair is just one of a series of reputation-scarring scandals to have hit Barclays along with rigging Libor and mis-selling complex interest-rate swap arrangements to unwitting businesses.
Barclays was fined £290m by UK and US regulators for manipulating Libor, an interbank lending rate that affects mortgages and loans.
As well as the departure of Mr Diamond and Mr Agius, the affair triggered a fierce debate in Westminster over banking ethics and spawned several closely-watched hearings before the Treasury Select Committee.
Barclays is also in the midst of conducting its own internal investigation into the events.




