So i've seen recent articles or news saying that global/senior MDs head of tech/retail/oil & gas at BB X/Y/Z leaving to boutique A/B/C with team of 4 others etc. etc. several times past 12 months. and these arent like random MDs, talking about global group heads, vice chairmans of BBs (ex Barclays) and teams of people leaving

(example here- http://www.marketwatch.com/story/guggenheim-partne... --> Guggenheim expanding retail arm)

My questions are:

1) whats the motivation to leave (ex- like in article above)? pay? more power? less regulation?

First time in this position, should I keep mouth shut? The firm is a competing firm for same position. The one with the offer is much more well known/prestige etc.

Friends, should I not bring up or what? Any one have experience with this?

which would you pick for a SA position?

I came across the Technology Analyst position on the Barclays website and was wondering where it fits in the hierarchy of front office, middle office and back office. What would be the exit opportunities from such a position? The Technology Analyst was under the 'Infrastructure Analyst Program'.

Technology

Developing cutting-edge technology is integral to the success of Barclays. As we conclude deals, transfer information and communicate with clients across time zones and continents, we need to constantly evolve to become quicker and more efficient. We operate in a fiercely competitive arena, and our technology strategy is entirely business-driven.

Hey Guys,

I'd really like to know more about these banks in terms of their top coverage groups, job security, future outlook, culture, exit opps, etc. Really anything people in the know could share with me, as I'm very interested in both of these firms' NYC offices. Just a chimp looking for some information, appreciate any input you guys have.

I've received 2 summer analyst offers - Barclays equity research and Citi investment banking - and I don't know which to take. The job function of equity research (marginally) interests me more, but I'm more concerned about job security and exit opportunities.

Barclays research is basically Lehman Brothers, which I hear had a good reputation in research. However, UK regulators are thinking about shutting down the entire investment bank. Citi is slashing jobs left and right and I'm concerned about the anemic deal flow, but I also know the worst is over.

I have no idea what I want to do in 5 years but I probably won't want to continue working 80-100hrs/wk so maybe move to the buyside at PE/HF.

thoughts?

I applied summer analyst in Barclays, Deutsche and BNP Paribas but havent heart anything yet.
Does it mean that I've been refused????

hey guys,

quick question regarding top groups at Barclays groups other than Power, Natty Res. I'm aware that these groups are very good, but would like to know what other groups (no cap mkts) are strong at the firm.

I've heard healthcare, Retail, exclusive sales and sponsors are good groups to join. Have a SA offer and debating group placement should I accept the offer. Is this correct?

Hey everyone,

I've seen threads on this before and it seems that the consensus is that Barclays and Credit Suisse are tops in Houston. I haven't seen much agreement about any of the other Bulge Brackets there either. Specifically, how are JPM, Morgan Stanley, Goldman Sachs, BAML, Deutsche Bank and others regarded in terms of lifestyle/culture, dealflow, buyside ops, b-school etc.? Is there a legit hierarchy or are they all approximately similar?

Also, how are the boutiques? I know Simmons and TPH are well regarded, but what about Evercore, Greenhill and Lazard?

Thanks for any help

who applied?

Hey guys,

I'm looking to apply to Barclay's "Wall Street Scholars Investment Banking & Global Markets Boot Camp."

However, I have two questions regarding the Boot Camp that I was hoping to receive some thoughts on:

1) Is this program only open for minorities? On their website, it falls under "Diversity and Inclusion Recruitment." However, it mentions nothing about diversity under the eligibility requirements. Adding to the confusion, another user on WSO recommended applying to the Barclays boot camp in question (the poster he was addressing was presumably not a "diverse" candidate).

Hello everyone,

I was hoping to get some of your thoughts on the best groups in Barclays IBD in London. (In terms of deal flow and a reputation to do interesting deals) What do you all think?

Any particular thoughts on whether its best to join an industry, country or the M&A team when one has not given much thought to exit opps?

Thanks!

Hello,

I'm a graduating senior at a US target school, and I'm interested in learning more about private banking/AM opportunities in London... noticed that most of the firms I am applying to have deadlines coming up in a week or two, but do firms such as Barclay's, JP Morgan, GS, etc hire on a rolling basis? How hard is it for a US citizen to work in London? Are there any available spots left? Do you know what the recruiting timeline is?

I personally have not been able to network for any London offices; they never come around on campus so any input is greatly appreciated. I am also definitely open to a PM. I have had internships mostly in the US, only one in London this past summer but would love to go back though they weren't hiring FT.

Thanks!

Hi all, I was wondering what the community's thoughts are on Barclays and their investment banking division in London. Would you join if given an SA or graduate analyst offer?

While I know personal fit is a major factor, I was hoping to get some perspectives on other areas such as future outlook, strength of the division, etc.

Thanks

NY Mag today published the annals of a summer intern at Barclays -is the 16/17-hour facetime the norm ? Is it worth it ? The subject in the story seems to think so. He'll be making the same money (and more) then if he went to Harvard Law instead and become a lawyer.

http://nymag.com/daily/intel/2012/09/wall-street-s...

You think some one is going to be losing job?

inc copy pasta:
[quote] The Federal Reserve Bank of New York learned in April 2008, as the financial crisis was brewing, that at least one bank was reporting false interest rates.
Photo by: Mike Green

At the time, a Barclays employee told a New York Fed official that "we know that we're not posting um, an honest" rate, according to documents released by the regulator on Friday. The employee indicated that other big banks made similarly bogus reports, saying that the British institution wanted to "fit in with the rest of the crowd."

Although the New York Fed conferred with Britain and American regulators about the problems and recommended reforms, it failed to stop the illegal activity, which persisted through 2009.

Hello, I'm a new user and searched this site for answers first. I know every bank's website offers some idea about structure, but sometimes I find the information insufficient or inconsistent with job postings. Furthermore, it's hard to figure out the size of these groups. All of this seems to be compounded when firms have different offices that perform different functions.

Can anyone tell me how public finance fits into the structure at Barclays? What about Barclays in San Francisco or Menlo Park? Public finance at Barclays in New York? It's under investment banking, but is there even a public finance division at Barclays New York? How many people are in these groups? Roughly speaking, how many analysts?

Less than 24 hours before the resignation of Bob Diamond as chief executive of Barclays, the bank’s chairman was insisting Mr Diamond had the full backing of the board and was the best person to run the bank however this morning Barclays announced the resignation of Bob Diamond as Chief Executive and a Director of Barclays with immediate effect.

His position will not be easily filled, however. Antony Jenkins, head of Barclays’ retail arm and former head of its Barclaycard business, is considered by many in the industry as the likeliest – possibly the only – internal candidate. Mr Jenkins knows Barclays well but is not tainted by the wrongdoing that occurred in its investment banking arm.

So Barcap have been found manipulating rates, and handed a £300m fine for it, but the regulators say they arent the only ones.

So who else is getting a big slap on the wrists, and what other bits of underhandedness is going to come out. They should try and get one of these guys into a plea bargain, see what he says when he squeals.

Interestingly, what does a bank actually have to do to have its license removed? I mean interest rate manipulation is pretty low....

Hey all,

Have accepted an offer for the summer at Barclays as a junior in IBD. Was curious if anyone had any advice for the summer at was Barclays specific. Also any recommendations on desks? Have looked at a few and am particularly interested in the Real Estate desk. Thanks!

Does anyone know numbers for how many interns got offers at different banks? (specifically in S&T and at GS and Barclays if possible).

Thanks

LONDON—U.K. banking group Barclays PLC said Friday it would cap investment banker bonuses as its 2011 full-year net profit slumped on a sharp drop in investment banking revenue.

The London-based bank said net profit for 2011 fell 8% to £3 billion ($4.75 billion). Adjusted return on equity, a closely watched metric among investors and analysts, fell to 6.6% from 6.8% a year earlier, well below the bank's 2013 target of 13%. Chief Executive Bob Diamond said the bank's 2011 return on equity was "unacceptable" and warned that the 13% target might not be achieved by 2013.

Just saw this on bloomberg.

http://www.bloomberg.com/news/2012-02-02/barclays-...

Most everyone knew it was coming but it looks like the numbers are a little more grounded.

I have 1st rounds coming up and I was wondering what sort of questions I should expect for both interviews?

This is for IBD.

Thanks!!

Has anyone heard back about Barclays' sophomore internship for this summer? I applied in early january and we are supposed to hear back by Jan 25 but I was wondering if anyone has had their interview yet. Thanks!