organisation

Bank of England

Central bank of the United Kingdom

Business · 19 Oct 2026Bank of England probes Barclays over private credit risk classification, FT reports

The Bank of England's Prudential Regulation Authority is investigating whether Barclays traders misrepresented illiquid private credit loans as tradeable instruments to reduce the bank's regulatory capital requirements, following a complaint lodged earlier this year, the Financial Times reported on Monday.

Geopolitics · 17 Oct 2026Bank of England governor leads walkout of IMF meeting in protest at Russian involvement

The governor of the Bank of England, Andrew Bailey, walked out of an International Monetary Fund meeting in Bangkok on Saturday in protest against the presence of Russia, joining finance leaders from France, Germany and several Scandinavian and Baltic countries. The walkout occurred when Russia's finance minister, Anton Siluanov, began addressing the session in Russian.