1. Tensions are Flaring Between Barclays and a Corporate Raider, Who's Agitating to Grab More Control of the British Bank

    Tensions are Flaring Between Barclays and a Corporate Raider, Who's Agitating to Grab More Control of the British Bank
    • Corporate raider Edward Bramson is agitating for more control of Barclays and is maneuvering to change the composition of the company's board of directors.
    • The latest gambit by Bramson comes after Barclays rebuffed his effort to become a non-executive director.
    • Bramson's hedge fund Sherborne Investors holds a more than 5% in Barclays and has been lobbying for cuts to its investment bank...
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    1. After considering the situation carefully, we do not have confidence that continued engagement with the company, strictly as an outsider, will produce any more measurable results in the future than it has to date.
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