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Barclays says Bramson lacks banking skills, is disruptive and uncollaborative

( April 11, 2019, 16:20 GMT | Official Statement) -- MLex Summary: Barclays has launched another appeal for shareholders to oppose the appointment of Edward Bramson, head of Sherborne Investors Management, to the banking group's board of directors. In a letter responding to Sherborne's campaign to gain board representation, Barclays stated that Bramson's prior investments and engagement with the bank "suggest he would be a disruptive and uncollaborative influence on the board." They also argued that Bramson lacks needed banking experience and that Sherborne's interests are not aligned with the wider shareholder base. Shareholders will vote on the issue at the Barclays' AGM on May 2.Statement follows below:...

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