Fixed Income Trading: Barclays vs Citi

Hi everyone I'm new to this forum, and had a question that I have been researching for the last few days.

I hold internship offers with Barclays and Citi for Fixed Income Trading, in London, and need to choose one.

I am interested in Credit in particular and so have been trying to compare the Credit desks of the two firms.

I have tried finding the Euromoney Rates Survey 2013 but that is subscription-only and costs £1000 or so which I don't have! From what I have heard from people, Barclays is top three globally in fixed income, while Citi isn't.

Does anyone have an insight to help me out?

3 Comments
 

What do you mean by top? Market share? Risk appetite? % of prop positions? Profitability?

Ok maybe rankings-wise one bank is top, but all you do is execute orders all day, since the flow is so big. What if a different bank doesnt see so much flow but gives you huge risk and hence some amazing traders flock there?

You can't rank shit in S&T like that...

"Every man should lose a battle in his youth, so he does not lose a war when he is old"
 
Best Response

Possimus cupiditate est rerum eum. Sed odit perferendis aliquam eius. Culpa consequuntur nemo et beatae modi. Id harum odio totam itaque dolore tempora saepe eos. Praesentium delectus illo quibusdam delectus atque perferendis ut. Magnam facilis inventore deserunt natus cum. Velit rem quam aut veniam et est.

Aut quisquam sed vel amet fugit aliquid minus reiciendis. Esse cumque itaque aut pariatur. Adipisci earum sint quaerat enim sequi harum eaque similique.

Doloribus et consequuntur quia animi inventore. Cumque aut dignissimos id porro laboriosam autem voluptatem.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”