Barclays suspends market making in its own debt after blunder

Barclays has temporarily halted market making in some of its own debt securities following a trading blunder, the British bank said on Friday.

Barclays disclosed on March 28 that it had exceeded a U.S. limit on sales of structured products, triggering a loss and a potential restatement of 2021 accounts of two units. While those numbers are being prepared, the bank will not be trading in securities of those units.

"Barclays will continue to evaluate the extent to which it can resume market making in any such individual security," the bank said on Friday.

The disruption is a further setback for Barclays' new