Barclays Reports £66 Billion Exposure to Non-Bank Lending

Barclays Plc laid out its £66 billion ($89.2 billion) of structured financing exposure to non-banks, becoming the latest lender to make disclosures in an area that’s unnerved investors lately.

The British bank said this was mostly in securitized products, skewed toward “top tier counterparties with high frequency reporting of collateral performance.” It also had some £15 billion in exposure to private credit funds at the end of the first quarter.