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
| +229 | Downfall of Qatalyst | 45 | 4h |
| +168 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 23 | 3h |
| +111 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 1d |
| +82 | Lincoln International Return Offers | 42 | 2d |
| +59 | London IB BB is a challenge | 35 | 39m |
| +53 | so confused about 28 SA timeline | 27 | 6d |
| +38 | momentum of Rx groups | 12 | 4h |
| +37 | Fired during interview | 6 | 1d |
| +32 | VP Lifestyle at Top BB Coverage Groups | 16 | 5h |
| +30 | SharePoint makes IB hours HELL | 14 | 3h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
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.
Iure ex sint et omnis ut. Veniam quis qui qui et laboriosam enim.
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...