Barclays Pulls Back Asset-Based Lending After MFS and Tricolor CollapseBarclays Adjusts Lending Strategy Amid LossesMarch 25 (Reuters) - Barclays is scaling back its asset-based lending to smaller borrowers after its exposure to collapsed Market Financial Solutions Ltd and Tricolor Holdings left the firm facing losses, Bloomberg News reported on Wednesday. Shift in Focus to Larger CorporatesThe British bank is shifting its focus to loans and securitizations for larger corporates, the report said, citing people who asked not to be identified discussing private information. Impact of MFS and Tricolor CollapseThe collapse of London-based MFS, a little-known lender that specialised in complex property-related loans, and US subprime auto company Tricolor have revived concerns over banks' and private credit funds' lending practices as investors grow jittery about risks in wider credit markets. Barclays' Financial ExposureBarclays is owed 495 million pounds ($664.29 million) from its exposure to MFS, a source familiar with the matter told Reuters earlier this month. Currency Exchange Rate($1 = 0.7452 pounds)Reporting Credits(Reporting by Yamini Kalia in Bengaluru; Editing by Shinjini Ganguli)

Source: The Guardian March 25, 2026 20:02 UTC