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Barclays Boss Staley Emerges Victorious After Activist Investor Battle

Sky News

Jes Staley, the chief executive of Barclays, could be forgiven if tonight he reaches for a more expensive wine than usual for a Friday evening. A major thorn in his - and the bank's - side has just been removed. Edward Bramson, the British-born but US-based activist investor, today called time on his three-year campaign to get Barclays to shrink its corporate and investment banking business and reinvest the capital saved in other areas...

Mentions: Investment Barclays stake