curious on how many people have actually came over. Feels like a retirement home or clubhouse for former Barclays Bankers. How come Barclays is still doing well with so many laterals?
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30%?
Not sure if the capable ones are brought over
Next poll should be what percentage of those are actually good? Probably less than 10% of now UBS former Barclays bankers are with their pay
Dependent on group; some groups, like LevFin, Sponsors, or Industrials, have zero Barclays MD's. Others like Tech and M&T it's vast majority. Others like M&A or HC, or CR, it's not a majority but there are some. Would think overall number is somewhere between 20-30%. If you haven't noticed, the good groups have no Barcalys MD's and the worse the group is, the more Barclays MD's they have.
Whatever the % is its 100% too high. All these hires are abject failures…they havent even come close to being worth their gauranteed comp (not to mention margin / overhead costs etc).
Negative NPV project by at-least $50mm so far
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