Barclays suspends market making in its own debt after blunder -Breaking
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© Reuters. FILE PHOTO – A Barclays Bank branch is seen in London, Britain on February 23, 2022. REUTERS/Peter NichollsLONDON, (Reuters) – Barclays The British bank (LON:), announced Friday that it had temporarily stopped market making for its debt securities due to a trading error.
Barclays revealed on March 28 that the U.S. limits on structured product sales had been exceeded, which led to a loss.
Barclays said Friday that the bank would continue to assess the possibility of resuming marketmaking in individual securities.
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