Investment Banking

Activist Bramson calls on Barclays to follow Deutsche Bank in trading overhaul

Barclays should make radical overhaul of its markets business in a bid to bolster returns, Bramson's Sherborne Investors told investors in a letter

Activist Bramson calls on Barclays to follow Deutsche Bank in trading overhaul

A 63% surge in trading revenues at Barclays during the first half of this year has failed to convince its largest shareholder of the unit's value — activist investor Edward Bramson is renewing his push for an overhaul of the division.

In a letter to shareholders by Bramson's Sherborne Investors, seen by Financial News, the activist investor said that Barclays should follow Deutsche Bank in making a radical overhaul of its markets business in a bid to bolster returns to shareholders.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump