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Report - Barclays CFO: no credible plan investment bank

Barclays Canary Wharf

In recent private meetings with analysts and investors, Barclays' new finance chief, Tushar Morzaria, surprised attendees with a frank admission, according to participants: The bank doesn't have a credible plan for what to do with its sprawling investment bank.



Michael Dell

Dell Seeks Buyout Vote, Sets Up Showdown With Icahn

Dell said it will hold a special meeting for shareholders on July 18 to vote on a proposed $24.4 billion buyout led by founder and Chief Executive Michael Dell, setting up a possible showdown with billionaire Carl Icahn.