No new catalyst: BCS was down about 3.7%, deeper than the earlier pre-market decline, as the S&P 500 and Nasdaq sold off and volatility jumped. NatWest's weaker-than-expected interest-income outlook added pressure to UK bank sentiment, with Lloyds and NatWest also lower. NatWest shares slide on weaker than expected interest income outlook Barclays' recent earnings and estimate revisions remained background rather than a new driver.
No new catalyst: BCS was down about 3.7%, deeper than the earlier pre-market decline, as the S&P 500 and Nasdaq sold off and volatility jumped. NatWest's weaker-than-expected interest-income outlook added pressure to UK bank sentiment, with Lloyds and NatWest also lower. NatWest shares slide on weaker than expected interest income outlook Barclays' recent earnings and estimate revisions remained background rather than a new driver.