--U.S. hedge fund Tiger Global has sold its entire stake of around 2.5% in Barclays, the Financial Times reports, citing unknown sources.

--The sale means the loss of one of the biggest supporters of Chief Executive Jes Staley's strategy to maintain Barclays' U.S. investment bank, but sources told the FT that the move wasn't due to a loss of confidence in the CEO.

 

Full story: https://on.ft.com/2N98djJ

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

February 18, 2019 01:58 ET (06:58 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Barclays (NYSE:BCS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Barclays Charts.
Barclays (NYSE:BCS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Barclays Charts.