Barclays shares rise after open letter from bank bosses

Barclays shares rose more than 25% today after an open letter from the bank’s under-pressure bosses helped settle investor nerves.

Barclays shares rise after open letter from bank bosses
Mon, 26 Jan, 2009 - 08:35

Barclays shares rose more than 25% today after an open letter from the bank’s under-pressure bosses helped settle investor nerves.

Chairman Marcus Agius and chief executive John Varley wrote the letter to “address the principal causes of concern which we are hearing”.

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CourtsBusinessHeathrowPlace: Middle EastPerson: ChairmanPerson: Marcus AgiusPerson: John VarleyPerson: AgiusPerson: VarleyOrganisation: BarclaysOrganisation: UK governmentOrganisation: Barclays CapitalOrganisation: Lehman BrothersOrganisation: Barclays Global Investors
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