Newspaper says talks were a response to pressure from the activist investors Sherborne
Barclays has been exploring a potential merger with rival banks including Standard Chartered, according to a report in the Financial Times.
The FT said Barclays directors had held “exploratory conversations” about possible deals in response to pressure from Edward Bramson’s US-based activist investment fund Sherborne, which has a 5.4% stake in the bank.
Related: Barclays boss Jes Staley fined £642,000 over whistleblower scandal
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