Comments (28)

Oct 2, 2010

Adding to Natty res, communications & media and tech are very strong. Tech was leading the M&A league tables through the first half of 2010 before GS and MS leapfrogged them with some big deals you probably already know about.

Oct 2, 2010

energy as well

interviewed there

great group

Oct 2, 2010

Aren't energy and natural resources the same thing?

Oct 2, 2010

i guess

didn't know that

thanks

why do you ask?

Oct 5, 2010

Did you have superdays recently or something? Get an offer yet?

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Oct 14, 2010

From what Ive heard BarCap is #1 in Houston in terms of O&G... I believe only them and CS does their own execution, whereas everyone else outsources to NYC... definitely pick Houston if you're not set on being in NYC...

Oct 14, 2010

I've heard that Barcap does split the energy team between NY and Houston. However, by that, I mean that groups in each city serve a certain sub-sector of energy, even within oil+gas. So like midstream might be in one city with refiners in the other (just made those up as an example). Execution is done out of both cities though for their particular group. It's a little confusing, and different from how many banks do it. I'm not too familiar beyond that. Would love to hear from someone who works for Barcap..

Just curious-Why is your name Barcaprules if you don't work there?

Oct 14, 2010

Nice thread, if you are barcap fan.

Jul 8, 2011

.

Jul 8, 2011

Everyone raves about Lehman's Energy group on this board. Assuming the Lehman guys stayed on after the acquisition then they are a great one.

Jul 8, 2011

Natural Resources, FIG, CMG, Consumer/Retail

Jul 8, 2011

What exactly is so special about barcap/lehman nat res. It seems that they've always had a solid reputation in the oil&gas field. From what I've read lehman nat res was also one of the first to have their contracts honored from barcap. Can someone share their insight on this group, and how they are perceived today.

Jul 8, 2011

Yeah they were the only group to have all of their first year analysts get third year offers, and have had the top analyst at the bank for a few years running. Plus Lehman invented the MLP structure so they are of course pretty much on every MLP deal out there. The power group is strong as well, but chemicals and metals and mining is a lot stronger at Goldman or JPM.

Jul 8, 2011

Plus nobody got fired in the Barclay's transition - they kept literally everyone and they were the first to be kept on.

Jul 8, 2011

one girl in ny forwarded an email was fired.

Jul 8, 2011

does anyone know what deal flow is like at barcap these days? which groups are busy (relatively speaking)?

Jul 8, 2011

Fixed income at Barcap is ranked top 3 internationally (maybe #1), and although you said no natural resources they're actually based in NYC and they're pretty strong across the board, especially within natural resources ECM. Industrials is also one of their strong suits, healthcare i'd say is one of their weaker focus areas. That being said top of the line is probably risk solutions (RSG, basically a swap desk), DCM, natural resources, industrials

    • 1
Jul 8, 2011
seekingalphabet:

Fixed income at Barcap is ranked top 3 internationally (maybe #1), and although you said no natural resources they're actually based in NYC and they're pretty strong across the board, especially within natural resources ECM. Industrials is also one of their strong suits, healthcare i'd say is one of their weaker focus areas. That being said top of the line is probably risk solutions (RSG, basically a swap desk), DCM, natural resources, industrials

Awesome. Thanks. Interesting about their DCM team.

Any idea on their other coverage groups (eg. Sponsor group, Consumer/retail, and TMT)?

Jul 8, 2011

nat res has like 20 bankers in NYC if you include chemicals. steer clear of the product groups unless your intention is to be a career banker -- they perform more of a pricing role (even lev fin). you can get your foot in the door for PE/HF from any of the coverage groups and the more "prestigious" product groups like lev fin

Jul 8, 2011

Best groups for exits are (in no particular order): NatRes, Power, Healthcare, Sponsors
Lifestyle: Sponsors, NatRes, Power, Product Groups

Jul 8, 2011

as an aside, M&A is housed within each coverage group. one or two people in a coverage class are assigned to the M&A group that sits in the bullpen with the other coverage analysts -- which sounds a bit different from some of the other banks that outsource M&A to an industry-agnostic product group that handles strategic transactions. most of the time, these deals are usually handled by the coverage analyst assigned to the specific company

Jul 8, 2011

Could you talk more about the Sponsors group and LevFin at Barclays? How many people / lifestyle (hours) / do analysts tend to stay or leave / is LevFin really viewed as useless etc

Jul 8, 2011

bump

You crave what you are not.
Dude, your perspective on life sucks.

Jul 8, 2011
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Jul 8, 2011
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