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--Activist investor Edward Bramson wants Barclays to cut back activities at its investment bank, getting rid of its equities, currency, and fixed-income trading desks, reports Reuters, citing unnamed sources.
--The activist is pushing to boost returns at the investment bank by concentrating only on corporate advisory and capital-markets activities, after acquiring a 5% stake in Barclays via investment vehicle Sherborne Investors, says Reuters.
Full story: https://reut.rs/2wQUuJQ
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(END) Dow Jones Newswires
May 18, 2018 05:24 ET (09:24 GMT)
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