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Barclays Has Reportedly 'Kicked Around' the Idea of Merging With Standard Chartered

Business Insider

REUTERS/Brendan McDermid

  • FT: Barclays board has considered the possibility of a merger with Standard Chartered.
  • The possible deal is one plan being considered to ward off activist investor Edward Bramson, who has built a 5.4% stake in Barclays.
  • Neither side has issued statements to shareholders, suggesting no serious talks have taken place.

LONDON — Barclays has considered the possibility of merging with Standard Chartered Bank, according to a report in the Financial Times...

Mentions: Credit Suisse Barclays Merger