Barclays Activist Will Turn to Shareholders After Losing 'Confidence'

The video discusses the conflict between Branson and Jess Daly over the direction of Barclays, focusing on the corporate and investment bank. Branson has lost confidence in Daly's leadership and seeks a board seat to influence decisions. The discussion also touches on the broader turmoil in European banks and the rise of activism in the banking sector, highlighting figures like Paul Singer and Carl Icahn.

What are the differing visions of Branson and Jess Daly regarding Barclays?

What actions does Branson believe need to be taken from his perspective?

How has Jess Daly's approach to Barclays been characterized in the text?

What does the text suggest about the current state of activism in corporate governance?

What implications does the ongoing turmoil in European banks have for Barclays according to the text?