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@@ -1,1 +1,1 @@ - +Barclays shareholder Richard Buxton said it was not the right time to downsize the investment bank<br>A long-standing Barclays shareholder has blasted US activist investor Edward Bramson's plans to trim back the business's investment bank.<br>Bramson, who is chief executive of New York investment company Sherborne, last week confirmed that he is forcing the bank to hold a shareholder ballot at its annual meeting in May on his plan to become a non-executive director.<br>Fund manager Richard Buxton, who has invested more than 3 per cent of his Merian UK Alpha Fund in Barclays, : 'We have a holding in Sherborne, so Bramson does communicate with us and has come in to see us.<br> RELATED ARTICLES Share this article Share 'But we don't agree with what he's trying to do. <br> The idea that this is the right moment to significantly downsize the investment bank is wrong.<br>'We also think it's wrong [to think] that if you were to do so, you would magically release vast amounts of capital to shareholders.'<br>He also called for an overhaul of Barclays' culture to ensure all staff act with integrity in the wake of a scandal which saw boss Jes Staley fined £642,000 for wrongly trying to unmask a whistleblower. <br>Barclays declined to comment.<br> <br>#fiveDealsWidget .dealItemTitle#mobile display:none<br>#fiveDealsWidget display:block; float:left; clear:both; max-width:636px; margin:0; padding:0; line-height:120%; font-size:12px<br>#fiveDealsWidget div, #fiveDealsWidget a margin:0; padding:0; line-height:120%; text-decoration: none; font-family:Arial, Helvetica ,sans-serif<br>#fiveDealsWidget .widgetTitleBox display:block; float:left; width:100%; background-color:#af1e1e; <br>#fiveDealsWidget .widgetTitle color:#fff; text-transform: uppercase; font-size:18px; font-weight:bold; margin:6px 10px 4px 10px; <br>#fiveDealsWidget a.dealItem float:left; display:block; width:124px; margin-right:4px; margin-top:5px; background-color: #e3e3e3; min-height:200px;<br>#fiveDealsWidget a.dealItem#last margin-right:0<br>#fiveDealsWidget .[https://www.dictionary.com/browse/dealItemTitle dealItemTitle] display:block; margin:10px 5px; color:#000; font-weight:bold<br>#fiveDealsWidget .dealItemImage, #fiveDealsWidget .dealItemImage img float:left; display:block; margin:0; padding:0<br>#fiveDealsWidget .dealItemImage border:1px solid #ccc<br>#fiveDealsWidget .dealItemImage img width:100%; height:auto<br>#fiveDealsWidget .dealItemdesc float:left; display:block; color:#004db3; font-weight:bold; margin:5px;<br>#fiveDealsWidget .dealItemRate float:left; display:block; color:#000; margin:5px<br>#fiveDealsWidget .footerText a:hovertext-decoration: underline;<br>#fiveDealsWidget .footerSmallfont-size:10px; padding-top:10px;<br>@media (max-width: 635px) <br>#fiveDealsWidget a.dealItem width:19%; margin-right:1%<br>#fiveDealsWidget a.dealItem#last width:20%<br><br>@media (max-width: 560px)<br>#fiveDealsWidget #desktop display:none;<br>#fiveDealsWidget #mobile display:block!important<br>#fiveDealsWidget a.dealItem background-color: #fff; height:auto; min-height:auto<br>#fiveDealsWidget a.dealItem border-bottom:1px solid #ececec; margin-bottom:5px; padding-bottom:10px<br>#fiveDealsWidget a.dealItem#last border-bottom:0px solid #ececec; margin-bottom:5px; padding-bottom:0px<br>#fiveDealsWidget a.dealItem, [https://worldgigants.ru/ песни на гитаре для начинающих] #fiveDealsWidget a.dealItem#last width:100%<br>#[https://www.thefreedictionary.com/fiveDealsWidget fiveDealsWidget] .dealItemContent, #fiveDealsWidget .dealItemImage float:left; display:inline-block<br>#fiveDealsWidget .dealItemImage width:35%; margin-right:1%<br>#fiveDealsWidget .dealItemContent width:63%<br>#fiveDealsWidget .dealItemTitle margin: 0px 5px 5px; font-size:16px<br>#fiveDealsWidget .dealItemContent .dealItemdesc, #fiveDealsWidget .dealItemContent .dealItemRate clear:both<br><br>TOP DIY INVESTING PLATFORMS  <br><br><br><br><br>data-track-module="am-external-links^external-links"><br>Read more:<br><br><br><br><br><br>DM.later('bundle', function()<br>DM.has('external-source-links', 'externalLinkTracker');<br>);