Barclays has no risk exposure to First Brands, but has been burned by Tricolor

Wallstreetcn
2025.10.22 15:47

According to Bloomberg, Barclays CEO C. S. Venkatakrishnan stated that the bank avoided exposure to First Brands but was impacted by Tricolor. Due to its own due diligence, Barclays did not fall into the risk exposure of automotive parts company First Brands