1. Barclays Says Bramson Boardroom Bid Could Destabilise Bank

    Barclays Says Bramson Boardroom Bid Could Destabilise Bank

    LONDON (Reuters) - Barclays urged shareholders on Tuesday to reject activist investor Edward Bramson's bid for a seat on the bank's board, saying he lacks the necessary experience and has different financial incentives to other investors...

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    1. The board's assessment is that Mr. Bramson will not bring the qualities nor the diversity of experience and background that the board is looking for.
    2. The shareholding structure is not what you would expect, or in our view want, your board members to have when acting as custodians of the group's longer-term strategy and value.
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