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BARC Barclays Plc

202.70
-0.95 (-0.47%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Barclays Plc LSE:BARC London Ordinary Share GB0031348658 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.95 -0.47% 202.70 203.15 203.20 205.45 202.60 202.65 48,577,306 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 25.38B 5.26B 0.3470 5.86 30.79B

Barclays Activist Shareholder Calls to Shrink Investment Bank -Bloomberg

06/08/2020 12:19pm

Dow Jones News


Barclays (LSE:BARC)
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From Apr 2019 to Apr 2024

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--Edward Bramson's Sherborne Investors Management LP, a top shareholder in Barclays PLC, said the company should shrink its investment bank, Bloomberg reported Thursday.

--"Trading firms should optimize the capital allocated to their corporate and investment banks rather than pursue unrealistic ambitions," Mr. Bramson said in a letter to investors which was seen by Bloomberg.

--Bramson recently increased the shareholder's stake in the FTSE 100 lender to 5.9%, according to Bloomberg.

 

Full story: https://bloom.bg/2XALMKz

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

August 06, 2020 07:04 ET (11:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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