Barclays Faces Major Setback with $85 Million Losses in Leveraged Finance

Barclays has recently reported a staggering $85 million in losses attributed to its leveraged finance division. This significant financial blow is primarily linked to a confluence of challenging market conditions and underperformance in various key transactions. The bank’s financial results have underscored the vulnerabilities surrounding its leverage lending portfolio, which has struggled amid rising interest rates and economic uncertainties.

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