Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1674
    +0.0018 (+0.15%)
     

  • GBP/USD

    1.2479
    -0.0032 (-0.26%)
     

  • Bitcoin GBP

    50,843.45
    -475.47 (-0.93%)
     

  • CMC Crypto 200

    1,322.72
    -73.82 (-5.29%)
     

  • S&P 500

    5,101.38
    +52.96 (+1.05%)
     

  • DOW

    38,246.48
    +160.68 (+0.42%)
     

  • CRUDE OIL

    84.06
    +0.49 (+0.59%)
     

  • GOLD FUTURES

    2,348.20
    +5.70 (+0.24%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Activist investor Bramson makes bid for Barclays board seat

Reuters
FILE PHOTO: The Barclays logo is seen in front of displayed stock graph in this illustration taken June 21, 2017. REUTERS/Dado Ruvic/Illustration (Reuters)

LONDON (Reuters) - Activist investor Edward Bramson has submitted an application to join the board at Barclays, the British bank in which his fund vehicle Sherborne Investors holds a 5.1 percent stake.

Sherborne invested in the lender in March 2018 with a view to making changes in its strategy and improving shareholder returns.

Investors will vote at the bank's annual general meeting on May 2 on the proposal. Bramson has urged Barclays to reduce resources allocated to its investment bank, Reuters has previously reported.

Barclays did not immediately respond to a request for comment.

(Reporting By Lawrence White, editing by Sinead Cruise)