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Exclusive-Barclays eyes smaller units for growth in strategic review, risks investor ire

Barclays is betting it can revive its wilting share price by upping investment in a crop of its smaller businesses including U.S. credit cards, sources familiar with the matter said. Chief Executive C.S. Venkatakrishnan is studying plans to allocate more capital to the bank's wealth management, U.S. credit card and global payments activities to boost returns, according to people familiar with his thinking and reported here for the first time, after drafting in Boston Consulting G...
United Kingdom City Of United States Richard Buxton Elisa Martinuzzi Alan Beaney
Source: yahoo.com

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Shareholder votes at risk in shake-up of City rules

Shareholders risk losing their voting rights if plans to attract fast-growing companies to the UK are given the green light, bodies representing investors have warned.  Two sweeping reviews commissioned by the Government are expected to propose shake-ups to London Stock Exchange rules to attract technology titans and entrepreneurs.  One review, led by former Worldpay boss Ron Kalifa, will recommend that financial technology companies can float just a 10 per cent stake in their business, rathe...
United Kingdom City Of United Kingdom General Ron Kalifa Alan Beaney London Stock Exchange

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