Barclays left with ‘limited’ MDA cushion as coronavirus hits capital levels

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Barclays left with ‘limited’ MDA cushion as coronavirus hits capital levels

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File photo dated 18/07/18 of a Barclays Bank. Barclays is first among the banks to present its annual results next week, as lenders hope to firmly put PPI behind them. | Ian West/PA

Barclays saw its common equity tier one capital ratio fall 70bp amid balance sheet growth in the first quarter, but analysts suggest the bank should be able to maintain enough capital to carry on paying additional tier one coupons this year.

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