Why does Barclays exit so well?
Am I missing something? Why does Barclays seem to have better exits than other mid-tier BB's (Citi/BofA) on average?
From the guys I've spoken to at Barc vs at Citi or BofA, coverage is placing well amidst the turmoil. Anyone know why its seemingly so strong?
Law of inertia.
Real answer is probably modeling done within coverage groups.
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