# HSBC, Barclays, Lloyds, NatWest and Santander asked to attend emergency summit.

*fintech · news · 2026-04-19 · The Guardian*

## Key points

- The chancellor has summoned the CEOs of the big five UK retail banks for an emergency summit.
- The meeting will address supporting the 1.6 million customers with fixed-rate mortgages ending this year.
- Banks have already pulled about 1,500 mortgage products and raised rates on others amid the crisis.
- Banks may be asked to provide early data on consumer behavior in response to Middle East turmoil.
- The Bank of England forecasts about 5.2 million borrowers could face higher mortgage payments by 2028.

**Companies:** HSBC, Barclays, Lloyds, NatWest, Santander
**Countries:** United Kingdom, Iran, United States

[Read the full story on The Guardian](https://www.theguardian.com/business/2026/apr/19/bank-bosses-meeting-rachel-reeves-impact-iran-war-uk-economy)

---

Canonical: https://newsio.io/n/92de8eb3-3d80-4e64-acaf-f041dd02b5ae/hsbc-barclays-lloyds-natwest-and-santander-asked-to-attend-emergency-summit-come
Summarized by Newsio from The Guardian. https://newsio.io/how-it-works