Bramson, who became one of Barclays’ top investors last year, said in a recent letter that the securities unit is still far from competitive.
However, it’s too early to draw a conclusion on whether Nigel Higgins, who took over the chairmanship in May, is making the right changes, Bramson wrote. Barclays Chief Executive Officer Jes Staley has been the key defender of its investment bank since taking the reins in 2015.
This story is from the September 13, 2019 edition of The Hindu Business Line.
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This story is from the September 13, 2019 edition of The Hindu Business Line.
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