Barclays Hong Kong - Word on the Street
How's Barclays HK reputation? I have a few offers in leveraged finance on the table with banks in NY (Wells Fargo or Barclays level in terms of LevFin league tables in the US, but with much less of a global brand name than Barclays). The HK position would be a generalist position doing what I am assuming is M&A and IPOs mostly.
How are the work hours at Barclays HK? How is the compensation, and how is Barclays generally viewed in HK? I can speak multiple Asian languages (and am Asian), so the location isn't too much of an issue for me. I've lived in the US for most of my life though, so I am a little interested in a job overseas.
Just wanted to see where I would get the best comp/lifestyle.
Thanks everyone.
hmmm, not to speak badly of the program, but i am not sure if i would phrase it as an indication of the program overall, more just an indication of one individual student. if you take just 1 student as an example in any program, you are at risk of greatly misrepresenting it. i achieved all of this through blind resume drops, prior to the start of the program.
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Three Lead Bankers from Morgan Stanley Left for BarCap; One from Citi:
WSJ: HONG KONG (Dow Jones)--Barclays Capital, the investment banking arm of Barclays PLC (BCS), said Monday it has appointed Peter Ding and Gary Kuo as co-heads of investment banking for Greater China.
Barclays Capital said earlier this month Edward King, who was formerly Morgan Stanley's head of mergers & acquisitions for Asia Pacific excluding Japan, had left the U.S. bank for Barclays as the managing director and head of mergers & acquisitions for the Asia-Pacific region.
It also said Monday it appointed Sheng Wu, who was formerly managing director of Citigroup's China investment banking division, as managing director of investment banking for Greater China.
Ding and Kuo both joined the U.K. bank from Morgan Stanley (MS), where Ding was managing director of mergers & acquisitions and restructuring for the Asia-Pacific region, while Kuo was head of Taiwan investment banking and chairman of the U.S. bank's Taiwan operations.
In addition, Kuo will also be chairman of investment banking in Taiwan for Barclays Capital.
anyone know about bonus structure
See my PM.
Honestly BarCap IBD is pretty shitty in Hong Kong. They executed their first deals for Chinese clients in 2008 (!!!) and China takes up more than 50% of the revenue in the region. You get the idea. Basically zero deal.
you have no idea what you're talking about.
BarCap HK did not even have an IB franchise prior to 2008. With that in mind, if you look at their performance in the 2010 M&A league tables (top 5 in APAC) - I'd say it's damn impressive how they went from nothing to there in just 2 years. BarCap HK is definitely up and coming. The comment about zero deal flow is absurd. They are expanding extremely aggressively in the region and have poached tons of senior bankers from all the other BBs. They literally hired all the head M&A bankers from MS - Matt Ginsburg, Ed King, Peter Ding and Gary Kuo (see article above). I'd say now is a great time to be joining BarCap.
No way BarCap is now top five in Hong Kong. Show me the league table, or just give me ONE notable deal, whether it's m&a or ipo or followon I don't care, with BarCap's name on it. You'll see how hard it is to find their footprint in Hong Kong.
I know they hired top M&A bankers from other BBs but isn't that the only way to expand in a core market? Speaking of expansion, Deutsche Bank has been in Hong Kong for more than TEN years and it's only the last few years their climbed up to top 10 on the league table. DB hired loads of people along the way, George Sun, Henry Cai, all are top dealmakers in China but it's still shitty.
Btw, do you work in hk damonkey?
http://online.thomsonreuters.com/DealsIntelligence/Content/Files/2Q10_M…
Granted that this is only for the first half of 2010, if you refer to slide 11 you can see that BarCap's ranking jumped from 71 in 2009 to 1 in 2010. Also, BarCap was the advisor for Bharti in the Bharti/Zain 10.7bn acquisition - one of the biggest M&A deals in Asia in 2010.
I did my summer stint in HK but I'll be joining a BB in NY for FT.
Top banks in HK are GS, UBS and Citi.
Barcap is not even on the radar.
You just proved that you don't know jack shit, dumb fuck.
Top banks are GS, MS, UBS, JPM. Second tier: DB, CS, ML, Citi. Third tier: Macquarie, HSBC, RBS, BarCap.
This is for IBD.
Bottom line, barcap sucks in asia. don't get mad its the truth. GS rules.
questions regarding Barclays Capital(Hong Kong) (Originally Posted: 08/11/2010)
Hello guys, have a couple of questions regarding the Barclays Hong Kong.
Who are the competitors of Barclays Capital(Investment Banking) in Hong Kong? and how does Barclays differentiate itself from them?
Is there any recent development in the Investment Banking industry in Hongkong?
any comment is appreciated.
these sound like two of the three questions on the Barclays online app lol
lol, yeah, anyone wanna help?
how about you do your own fucking application fucktard
too good
I was asked the same questions in my interview in trading with Barclays Capital
LMAO.
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