Barclays Bats off Bramson as Activist Investor Concedes Defeat
Barclays has scored a victory against activist investor Edward Bramson, who has conceded defeat in his attempt to gain a seat on the British bank’s board. Mr Bramson – whose investment vehicle Sherborne Investors owns a 5.5% stake in Barclays – had been trying to muscle his way on to the top table, while also calling on the lender to curtail its investment arm and increase returns for investors...
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