Barclays Capital, the investment banking division of UK bank Barclays, has forced Citigroup to change a statement suggesting it has reclassified loans to avoid potential writedowns and defended its decision to not sell or significantly mark down its leveraged loan positions, which bucks a general market trend.

Barclays has retained debt relating to European television company Endemol and UK buyout firm Alliance Boots, while its peers returned to market to sell both at discounts of 70% and 92% respectively.