Finance
Barclays shares fall as Trump calls for cap on credit card interest rates
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 20, 2026
Barclays shares fell 3.5% after Trump proposed a 10% cap on credit card interest rates, affecting Barclays' US operations.
LONDON, Jan 12 (Reuters) - Shares in British bank Barclays fell on Monday after U.S. President Trump called on Friday for a cap on credit card interest rates at 10%.
Barclays' U.S. card operations are the ninth biggest in the market and account for around 11% of group profits, according to Hargreaves Lansdown senior equity analyst Matt Britzman.
Shares were last down 3.5% and heading for the biggest daily fall since October.
(Reporting by Samuel Indyk; Editing by Amanda Cooper)
A credit card is a payment card that allows the cardholder to borrow funds from a pre-approved limit to pay for goods and services.
Interest rates are the amount charged by lenders to borrowers for the use of money, typically expressed as a percentage of the principal.
Corporate profit is the income that a company earns after all expenses, taxes, and costs have been deducted from total revenue.
The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
Market position refers to the rank or standing of a company within its industry, often based on factors like market share and profitability.
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