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 read

· Last updated: January 20, 2026

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Barclays shares fall as Trump calls for cap on credit card interest rates
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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

Barclays Shares Decline Following Trump's Call for Credit Card Rate Cap

Impact of Trump's Proposal on Barclays

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' Market Position

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.

Current Stock Performance

Shares were last down 3.5% and heading for the biggest daily fall since October.

Daily Decline Analysis

(Reporting by Samuel Indyk; Editing by Amanda Cooper)

Key Takeaways

  • Barclays shares fell after Trump's interest rate cap proposal.
  • Trump suggests a 10% cap on credit card interest rates.
  • Barclays' US card operations are significantly impacted.
  • Shares dropped 3.5%, marking the largest fall since October.
  • Barclays' US operations contribute 11% to group profits.

Frequently Asked Questions

What is a credit card?
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.
What are interest rates?
Interest rates are the amount charged by lenders to borrowers for the use of money, typically expressed as a percentage of the principal.
What is corporate profit?
Corporate profit is the income that a company earns after all expenses, taxes, and costs have been deducted from total revenue.
What is the stock market?
The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
What is market position?
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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