1 of 1
Story summary
- The Prudential Regulation Authority launched a 2026 review of Barclays’ total-return swap accounting.
- Barclays says the swaps comply with accounting standards and capital requirements.
- Barclays reported roughly £15 billion private-credit exposure, including about £300 million in the disputed swaps.
- Barclays’ share price fell 3.5% on Monday, the FTSE 100’s second-biggest loser.
- PRA chief Katharine Braddick was recused from Barclays matters until the end of 2026.