Barclays Capital

Hi, does anyone know what an Analyst starting in Global Finance at Barcap can expect from the initial training programme in London? How intensive/technical is it?

The entire energy investment banking team is likely breathing a sigh of relief with the news that Barclays Capital Inc. has decided to hire them when they take on Lehman’s North American assets. Good news for them, but it doesn’t mean much of anything to all the other IB’s Lehman left scrambling when they filed for bankruptcy. Barclays has stated that they will evaluate the others and decide who will remain employed based on talent. But in the meantime, will they fish or cut bait? I just wonder if anyone will wait around to see if they’re part of the lucky few that get to keep their jobs. Not that there’s really anywhere else to go at this point. They’d just be trading one disaster for another.