Barclays stock drifts lower as Trump’s 10% credit-card cap keeps U.S. profits in play
Barclays shares fell 0.2% to 476.35 pence in early London trading after U.S. proposals to cap credit card interest rates at 10% rattled financial stocks. The bank’s U.S. card division accounts for about 11% of profits. Barclays bought back 3.5 million shares on Jan. 13. Investors await its Feb. 10 earnings report.