Bank of America May Buy Barclays
http://dealbook.blogs.nytimes.com/2006/12/08/rumo…
Bank of America is likely to bid for Barclays, the No. 3 bank in the United Kingdom, to further its international expansion strategy, a Merrill Lynch analyst said in a research report Friday. The analyst called Barclays
Can anyone speculate on how this may effect analysts starting in 2007?
at BAS of course
I am not worried just kind of curious.
its just speculation, 0 impact.
but probably not the best time to be joining an ABS or structured products FI desk. Barlcays cleans up on those products, so my guess is the losses after the merger would come on the BAS side.
And BAS probably cleans up (compared to Barc) in everything else, so why would you say that losses come from the BAS side?
BoA made an unsuccessful bid in 03, not sure how this one will play out if a bid is made, as said this is just speculation
Barcap is pretty damn good in FI and commodities, especially in DCM.
we're both right. that is why it would make an appealing target - limited overlap of products/services.
Voluptate et provident ad est eligendi cum corrupti consequuntur. Modi sit animi ab iusto sit aut.
Quia aut dolorum non eius. Quidem consequuntur pariatur et quisquam reiciendis. Iste doloremque quo sunt nesciunt eaque.
Deleniti enim eveniet molestiae a maiores et. Ab ab quibusdam debitis quaerat ratione explicabo esse sunt. Molestiae temporibus et qui eius et possimus qui quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...