As part of an industry-wide investigation into lenders’ exposure to the private equity industry, Britain’s Prudential Regulation Authority (“PRA”) has asked Barclays PLC (BCS) to review its exposure to leveraged finance. The news was first reported by Bloomberg, citing a source familiar with the matter who asked not to be identified. In the recent past, the Bank of England has been concerned about how lenders across the industry are measuring their exposure to the giants of private equity. In April, the BoE ...