Barclays is being threatened with a boardroom shake-up after an activist investor announced plans for a shareholder vote on the bank's leadership. Edward Bramson, who has spent about £900m building a 5.5% stake in Barclays through his investment vehicle Sherborne Investors, told his own shareholders that a vote was necessary, given that "consistent engagement" with Barclays had failed to yield results. - Guardian
Four former Barclays executives have appeared at Southwark crown court and pleaded not guilty to charges brought by the Serious Fraud Office (SFO) in relation to a £12bn rescue package secured by the bank at the height of the financial crisis. The former chief executive John Varley, the ex-investment banking chief Roger Jenkins, the former head of Barclays' wealth division Thomas Kalaris and the ex-European financial institutions head Richard Boath denied charges of conspiracy to commit fraud in relation to the 2008 capital raising. - Guardian