
UK regulators have ordered Barclays to review its leveraged finance business amid growing concerns over how lenders are measuring their exposure to private equity giants. The Prudential Regulation Authority (PRA) has initiated an industry-wide probe into the matter, according to sources familiar with the situation. The directive has led to a pre-market drop of 4.1% in Barclays' stock price, source says.
Barclays asked by watchdog to review private equity exposure, source says https://t.co/vZgoa6nEex https://t.co/3kEFFer1P6
Japan watchdog recommends action on MUFG units over sharing of client data https://t.co/bYrlQqBq36 https://t.co/AQUiO1BCuT
$BCS (-4.1% pre) Barclays Told to Review Leveraged Finance as UK Probes Industry - BBG https://t.co/xqtv3fraCR


