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Barclays (BARC Stock) sees profits treble, announces share buyback fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Barclays posts £5bn profit as economic outlook brightens telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
The Week Ahead: Fed, Tesla, Apple, Lloyds Banking cmcmarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmcmarkets.com Daily Mail and Mail on Sunday newspapers.
7 May 2021 • 1:42pm Farewell Ed Bramson, the corporate raider who promised to deliver a bloody nose for Barclays boss Jes Staley but ended up missing repeatedly and punching himself in the face instead. It is an outcome that can only be described as an emphatic and embarrassing defeat for the New York-based Brit, who had built a near-£2bn stake propelling Sherborne to the top of the Barclays shareholder register. The City seems glad to see the back of him - Barclays shares jumped nearly 3pc on the news - but Sherborne’s investors might not thank him for what amounts to a pretty fruitless three-year foray. ....
Sherborne waves white flag after waging a three-year campaign against chief executive Jes Staley 7 May 2021 • 11:09am Barclays has seen off the threat from an American corporate raider who has finally ended his three-year battle against the bank by selling his entire stake. New York-based activist Ed Bramson, who runs Sherborne Investors, has sold his 6pc holding to pursue a new investment opportunity weeks after his own shareholders said they were losing patience with the activist s campaign against the bank. Mr Bramson wanted to shrink Barclays investment banking arm and potentially split it off - setting the stage for a clash with Jes Staley, the chief executive, who fiercely resisted his efforts. ....