The corporate raider targeting Barclays will tell shareholders he is toning down his siege on the bank in the coming months, after losing his battle for a board seat earlier this year. Edward Bramson will hold a series of meetings with Sherborne's top investors over the coming weeks after Barclays reports its third quarter results next week. The New York-based activist, who runs Sherborne Investors, is expected to tell them that he plans to ease his high-profile campaign against Barclays after failing to force through major cuts in its investment bank. One person aware of Mr Bramson's plans said that instead of continuing to fight for an overhaul, the secretive financier will "sit there for six months and do nothing".