Barclays stock slides as Trump’s 10% credit-card rate cap plan hits bank shares
London, 09:08 GMT, January 12, 2026 — Regular session Shares of Barclays PLC (BARC.L) dropped as much as 4.5% on Monday, hitting their lowest point in nearly a month. The slide led European banks lower after U.S. President Donald Trump renewed his push to cap credit card interest rates at 10%. The broader European banks index fell 1.1%, with HSBC shares down around 1%. (Reuters) This matters since Barclays operates a U.S. consumer bank in addition to its UK branches, making it more vulnerable than many European rivals to changes in American credit-card regulations. (Barclays Home) Markets jittered for another