Another shadow banking hit – but otherwise, Barclays looks fine

Barclays boss CS Venkatakrishnan is pledging to tighten lending standards to structured finance counterparties with weaker financial controls, acknowledging past failures in risk assessment. Two high-profile shadow banking collapses in six months—Market Financial Solutions (£228m impairment) and Tricolor (£110m)—highlighted vulnerabilities, but Barclays’ £2.8bn pre-tax profits and £500m share buy-back suggest resilience.

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