Barclays is facing significant pressure from multiple fronts. The UK regulators have ordered the bank to review its leveraged finance business amid growing concerns over lenders' exposure to private equity giants. Barclays shares were down -4.1% pre-market following the news. In a related development, Barclays has suspended its sponsorship of music festivals following a boycott by several bands. The boycott is in protest of the bank’s ties to defence companies supplying Israel and fossil fuel firms. Latitude Festival, held at Henham Park, is particularly under pressure as artists, including Lankum, have demanded the festival drop Barclays as a sponsor.