Barclays senior bankers say the surge in borrowing to build data centres across Asia is pushing banks to the edge of their credit capacity, forcing them to tighten lending standards for such projects.
Barclays, the British universal bank, posted a strong rise in its six‑month profit and lifted its profit outlook for the full year. Nevertheless, investors reacted negatively and the stock price declined after the announcement.
In an interview, Barclays CEO Venkatakrishnan warned that market optimism is misplaced, citing more concerns than a year ago. He remains upbeat about Germany’s reform agenda and anticipates a surge of private‑equity activity in the country.
According to a Barclays survey, hedge funds and asset managers are increasingly adopting artificial intelligence in global credit market investments, but the technology has not yet replaced human traders.