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A London-based credit trader is understood to have been caught on the wrong side of wager on Turkish bonds.

The sum is relatively modest for Barclays overall - securities unit in the British bank, whose HQ features in @chrisratcliffe_1's shot.

It's unclear whether the positions have been hedged and whether the losses were recovered.

Barclays generally make up to $100 million in revenue each year trading emerging-market corporate bonds in Europe, the Middle East and Africa, sources say.
#barclays #london #turkish #turkey #europe #bond #credit #trader #lira #british #banks #wager #100 #million #revenue #middleeast #africa #hedge #fund #turmoil

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#makita #makitanz #makitanewzealand #powertools #LXT #cordless #OPE #powerhead #multifunction #outdoors #garden #hedge

Drying off after a nice bath😜#clean #hedge #hog #shampoo #spicy.

Cape Breton Post article on Hedge returning to perform at the Halifax Pop Explosion. Fall 1995. #hedge #halifaxpopexplosion #slagnotes

Cape Breton Post article on the Lyceum show (June 25, 1994). #delores #hedge #tilted #digger #strangertojulien #shanebrownfanclub #slagnotes

We did it!... Found the centre of the maze, and more adventures.. #bellinghammaze #adventures #windmill #pioneerpark #waterslide #snowwhite #hedge #sunnyday #rollerslide

#Motivation #Work #Hedge #For #Against #Grind Are you ready? What if you fly?

After pictures part 2 of our project in Rumstick Barrington RI #landscape #landscaping #grass #hedge #overgrown #before #beforeandafter #transformation #teclandscaping

After pictures part 1 of our project in Rumstick Barrington RI #landscape #landscaping #grass #hedge #overgrown #before #beforeandafter #transformation #teclandscaping

Before pictures of our project in Rumstick Barrington RI #landscape #landscaping #grass #hedge #overgrown #before #beforeandafter #transformation #teclandscaping

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