Barclays Activist Bramson Renews Call for Trading Rejig

Edward Bramson of Sherbourne Investors has increased his stake in Barclays to nearly 6% and is urging the bank to follow Deutsche Bank's example by restructuring its corporate investment bank to improve profitability. Despite recent strong performance, Bramson argues these are short-term gains due to extraordinary market conditions. He suggests a 24% reduction in corporate investment bank assets. Barclays has not yet responded to these proposals, possibly due to current travel restrictions.

What action has Edward Bramson taken regarding his investment in Barclays?

• He sold all his shares.

• He decreased his stake.

• He increased his stake to almost 6%.

• He maintained his current stake.

What is the main reason Bramson criticizes Barclays' recent earnings success?

• He attributes it to a new management team.

• He thinks it is a result of temporary market conditions.

• He claims it is due to increased marketing efforts.

• He believes it is due to long-term strategic planning.

What percentage reduction in corporate investment bank assets does Bramson suggest for Barclays?

• 10%

• 15%

• 24%

• 30%

How has Barclays responded to Bramson's restructuring proposal?

• They have fully agreed with the proposal.

• They have not commented on the proposal.

• They have rejected the proposal outright.

• They have partially agreed with the proposal.

What is the similarity between Bramson's proposal for Barclays and Deutsche Bank's strategy?

• Both suggest a significant reduction in investment bank assets.

• Both focus on expanding into new markets.

• Both suggest increasing investment bank assets.

• Both emphasize increasing marketing budgets.