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EconomyBarclays defends £15 billion private credit book after reported Bank of England scrutiny

Barclays said its £15 billion ($19.97 billion) private credit exposure was handled in line with accounting and regulatory capital requirements. A report said the Bank of England was examining whether the bank’s traders had understated the risk.

bankingBarclaysprivate creditBank of England

RReuters★★★☆☆2026-10-19 17:50Original

Barclays defends £15 billion private credit book after reported Bank of England scrutiny
Barclays defends £15 billion private credit book after reported Bank of England scrutinyEconomy