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Activist Bramson sells entire 6% stake in Barclays

The move ends a three-year fight to shrink the investment bank

By Paul Clarke
Sherborne Investors, led by Edward Bramson, has consistently called for Barclays to shrink its investment bank since taking a stake in the UK lender in 2018
Sherborne Investors, led by Edward Bramson, has consistently called for Barclays to shrink its investment bank since taking a stake in the UK lender in 2018 Photo: Getty Images

Activist investor Sherborne Investors has sold its entire stake in Barclays, ending a three-year battle with the UK lender's chief executive, Jes Staley, to shrink its investment bank.

The firm, led by Edward Bramson, said in a statement that it was selling its 6.01% stake in Barclays, drawing a line under an acrimonious relationship between the activist and the UK lender's executive team.

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