barclays sf & menlo?
hey guys i’m thinking ab moving from ny not sure if anyone knows anything about barclays offices in the bay area, but would be curious to gauge how the firm deals with their 2 offices. anyone know if barclays is still planning moving their tech ib practice into sf?
Trust me, avoid it at all costs. Tech practice is dead after everyone left.
Any MDs outstanding?
truthfully, all the good ones left. As shared by others on the forum, it will take several years to rebuild. Avoid this firm and push for others if I were you. I don't have any disliking for the firm, I just want to share how it really is.
Just started with Barclays Tech? god help you son
How would you order Barclays Tech NYC, Barclays Tech SF, JPM Tech SF, JPM Tech NY, MS Menlo, MS TMT NYC?
MS Menlo top, JPM Tech is decently strong but below GS MS and Q (this is true for both coasts). Barclays on both coasts is a mess honestly.
Ignore the title, its taken a hit but Menlo has come out with a few lumps but pretty decently. The main 3 people who were lost from Menlo were 3 Semiconductor MDs, 2 of which were the former head of tech and former head of tech m&a. Truthfully, they were both pushed out as the office felt they were stagnating, eg Braham got passed over for promotion and then also got replaced as head of tech in 2023, they were no longer the 2 biggest dealmakers in the office. 3rd one was a junior semis MD.
Expect Semis dealflow to eventually take a hit but still plenty strong with the Head of Semis banking still in that office (eg the one who holds the relationship with Broadcom and other big fee generating clients) and Tim Luke in NY who also generates semis dealflow for west coast juniors.
Otherwise its not dead at all. No Software seniors have been lost, software dealflow for Menlo comes mostly from Head of Software Freeland and Vice-Chairman Zanoli who sit in SF. NY Software definitely has taken a big hit with Markovich leaving to CVP and other management. MD from Moelis is joining on the east coast for Enterprise Software for Markovich's spot. Haven't lost any Internet or ECM/LevFin seniors either in Menlo.
TLDR; Tech practice wise I wouldn't have many concerns if going to Menlo. I would be concerned going to NY, and apprehensive going to Chicago, which was close to emptied.
What was the last M&A deal that Barc did in Internet…? Plse tell me .. lol …washed up team
Luke is fancy but not upto the task..
Keeping the relationship with a client like Broadcom is easy esp since capex heavy semis clients always keep in touch with bankers … but it was Laurence who led and won a recent semis IPO mandate
And Ben … tch tch…generates may be 2 deals a year…poor quality companies …. If you wanna call someone washed up he is the one who got the boot from JPM and washed up here….lol….
perfect example of moonlighter MD..gets the mandate and is gone..
Whats the new head of tech like?
Thoughts on the new hires of Emma Taylor as head of Internet and Carmen Chan as a new Internet MD? Just saw the press release pop up lol
This is a damn expose… haha
Just doing my civic duty :p
Have there been talks about layoffs at Barclays?
Magnam enim illum autem est voluptates sunt labore. Nemo eos sit praesentium laborum tempora. Totam qui nostrum vero quo a veniam aliquid dolor. Ducimus eaque voluptatem aut et eum impedit. Aut praesentium quidem consequatur molestias repudiandae.
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...