Barclays Activist Investor Presses Chairman to End ‘Disruption’
- Epstein probe is example of governance weakness: Bramson
- Bramson and Barclays spokesmen decline to comment on letter
This article is for subscribers only.
A top Barclays Plc shareholder is pushing Chairman Nigel Higgins to end the British lender’s “cycle of disruption” as Chief Executive Officer Jes Staley faces another regulatory probe.
Activist investor Edward Bramson said the bank’s board should take “seriously” the latest scrutiny over Staley’s ties to the deceased financier and sex offender Jeffrey Epstein, according to a letter sent last week and seen by Bloomberg News.