Barclays Aiming to End Relationship With Odey Asset Management, FT Reports
July 03 2023 - 02:33AM
Dow Jones News
--Barclays is seeking to end its relationship as Odey Asset
Management's corporate bank, the Financial Times reports, citing
unnamed sources.
--The British bank told the U.K.'s Financial Conduct Authority
it wants to detach itself from the London-based hedge fund,
according to FT reports.
--Several investment banks have been distancing themselves from
Odey Asset Management after its founder Crispin Odey was accused of
sexual misconduct in reports from the FT and Tortoise Media. He
denies the claims.
Full story: https://tinyurl.com/znj89nh8
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
July 03, 2023 02:18 ET (06:18 GMT)
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