Key Takeaways
- • Barclays shares traded at EUR 4.93 at Lang & Schwarz on October 20, 2026, down 1.40 percent from the Xetra close of EUR 5.00 on October 19, 2026.
- • A Fidelity-carried report on October 19, 2026 said the Bank of England is examining whether Barclays traders misrepresented illiquid private-credit loans to understate risk; Barclays shares fell 2.70 percent in London that session.
- • The regulatory review reportedly concerns how loan-related derivatives, specifically total return swaps linked to private-credit funds, were classified for regulatory capital purposes, according to TradingPedia.
- • RBC Capital Markets cut its Barclays target from GBp 550.00 to GBp 525.00 while keeping an outperform rating, and trimmed its 2027 adjusted pretax profit forecast by 2 percent.
- • Barclays reports third-quarter 2026 results on October 22, which will test earnings momentum and address capital treatment questions.
Summary
A report carried by Fidelity on October 19, 2026 said the Bank of England was examining whether Barclays traders had misrepresented illiquid private-credit loans to understate their risk. Barclays shares lost 2.70 percent in London during that session. According to TradingPedia, the review concerns total return swaps linked to private-credit funds and how these loan-related derivatives were classified for regulatory capital purposes. The source notes that supervisors could require changes that affect capital calculations.
The scrutiny comes after a relatively strong operating period. On its second-quarter 2026 earnings call, Barclays reported income of GBP 8.3 billion, up GBP 1.2 billion year over year, with profit before tax rising more than 30 percent to GBP 3.3 billion and a CET1 ratio of 14.30 percent, according to Yahoo Finance.
RBC Capital Markets reduced its Barclays target price from GBp 550.00 to GBp 525.00 while retaining an outperform rating, according to Proactive Investors. The broker also cut its 2027 adjusted pretax profit forecast by 2 percent, citing weaker investment-bank revenue and higher expenses.
Barclays is scheduled to publish third-quarter 2026 results on October 22, per Proactive Investors. The release is expected to provide the next quantified update on capital and investment-bank performance and will show whether the bank can sustain its recent earnings strength while addressing questions about capital treatment. Barclays PLC is a FTSE 100 constituent listed on the LSE under the ticker BARC.
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