• Barclays published Q&A transcript from its Q1 2026 results on April 28, 2026, attended by analysts from Morgan Stanley, Bank of America, Jefferies, Citigroup, UBS, Goldman Sachs, Deutsche Bank, BNP Paribas, Mediobanca, Kepler Cheuvreux, Autonomous, KBW.
• Group CEO C.S. Venkatakrishnan flagged reduced risk appetite in parts of structured finance, citing about GBP 17 billion of lending to asset-backed lender business models as area where limits are expected, with no material revenue impact anticipated.
• Group Finance Director Anna Cross said Q1 experience improved confidence in net interest income, with 2026 hedge income 95% locked in, guidance still based on 3.5% reinvestment rate.
• Cross said consensus NII for 2027-2028 looks too low, pointing to momentum in UK Corporate Bank with 15% lending growth in Q1.
• Management said hedge is rolled mechanically rather than to capture higher curves, with GBP 6 billion notional increase reflecting observed deposit behavior; Cross also said SRT program remains unchanged, with no self-financing and cash collateralization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barclays plc published the original content used to generate this news brief on April 29, 2026, and is solely responsible for the information contained therein.