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Barclays Hits Back at Activist’s ‘Misleading’ Criticisms

BNN Bloomberg

(Bloomberg) -- Barclays Plc escalated its war of words with the activist shareholder who is seeking radical changes to the lender’s existing strategy, saying his plans to cut back the investment bank are “unclear and based on multiple factual errors.” The British bank said it strongly opposes Edward Bramson’s appointment to its board, according to a statement on Thursday...

Mentions: Investment Barclays stake