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Barclays Scales Back Asset-Based Lending After MFS and Tricolor Losses

Barclays is scaling back asset-based lending to smaller borrowers following the collapses of Market Financial Solutions and Tricolor, which left the bank facing losses. The decision was reported by Bloomberg, citing people with knowledge of the matter. Bloomberg's William Shaw discussed the issue on "Bloomberg Real Yield."

Bloomberg's William Shaw, joins Scarlet Fu on "Bloomberg Real Yield." Barclays is scaling back its asset-based lending to smaller borrowers, according to people with knowledge of the matter, after the collapses of Market Financial Solutions and Tricolor left the firm facing losses. (Source: Bloomberg)