Barclays shares bounce after Trump’s 10% credit-card cap scare — what to watch next
Barclays shares rose 1.7% to 481.2 pence in early London trading Tuesday, rebounding after a 2.4% drop Monday on fears over a proposed U.S. 10% cap on credit-card interest rates. The bank disclosed it repurchased and canceled 2.5 million shares on Jan. 12. Investors await further details on the U.S. policy ahead of its planned Jan. 20 start.