Barclays London Stocks Unit Is Thriving on Tax-Reduction Trades

  • Delta-1 Strategic desk specializes in dividend arbitrage
  • Team has roots in controversial SCM group closed in 2013
Photographer: Luke MacGregor/Bloomberg
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Deep inside Barclays Plc, the remnants of a controversial division shuttered years ago are still making millions of dollars gaming loopholes in tax laws.