Barclays Capital

Type: Business Segment
On the web: http://www.barcap.com

The investment banking arm of the venerable Barclays PLC, Barclays Capital provides financing, risk management, and financial advisory services for large corporate, government, and institutional clients. One of the most prolific underwriters of debt in the world, the firm also focuses on foreign exchange, commodities, investment-grade, high-yield, and emerging market credit, and asset-based financing. Barclays Capital is active in private equity, as well, typically committing between £10 million and £200 million per transaction; it has invested in more than 350 companies. Barclays acquired the North American investment banking and capital markets business of troubled Lehman Brothers in 2008.

Officers:
Chairman: Hans-Jörg Rudloff
CEO: Robert E. (Bob) Diamond Jr.
President: Jerry del Missier

Competitors:
Goldman Sachs
Morgan Stanley
UBS Investment Bank

Barclays Capital

Type	Investment bank
Founded	1997
Headquarters	5, The North Colonnade, Canary Wharf, London, UK
Industry	Finance
Products	Financial services
Net income	▲ $10.334 billion USD (2007)
Total assets	▲ US $ 2.686 trillion (2008)
Employees	20,000
Parent	Barclays Plc
Website	BarCap.com

Barclays Capital is a leading global investment bank. It is the investment banking division of Barclays plc which has a balance sheet of over £1.2 trillion (2008 BARCAP figures). Barclays Capital provides financing and risk management services to large companies, institutions and government clients. It is a primary dealer in U.S. Treasury securities and various European Government bonds.

Barclays Capital is led by CEO Robert (Bob) Diamond, an American who had been vice-chairman of Credit Suisse First Boston prior to joining Barclays. Barclays Capital had 2004 income of GBP 3.4 billion/USD 6.4 billion primarily driven by the structured tax and rates businesses. Barclays Bank as a whole had 2004 income of GBP 13.9 billion/USD 26.4 billion.

Barclays Capital (Barcap) has offices in over 29 countries and since the acquisition of Lehman Brothers' main U.S. division in September 2008, employs over 20,000 people^[1] . This has made Barcap the third-biggest investment bank in the United States ^[2] and one of the top five investment banks in the world.^{[citation needed]}

References

1. ^ "Our Firm". Barclays Capital. http://www.barcap.com/sites/v/index.jsp?vgnextoid=2bdb15cd3f4f8010VgnVCM1000002581c50aRCRD. 
2. ^ "Barclays' deal gives hope to UK staff of Lehman Brothers". The Times. Sept 18, 2008. http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4776142.ece. 

External links

• Official website

Companies portal

Links to related articles v • d • e Barclays plc Brands: Barclays • Barclaycard • Barclays Capital • Barclays Private Equity • Barclays Global Investors • iShares • The Woolwich • Absa (South Africa) Corporate Directors: Marcus Agius (Chairman) • John Varley • Robert Diamond • Frits Seegers • David Booth • Sir Richard Broadbent • Leigh Clifford • Fulvio Conti • Sir Andrew Likierman • Sir Michael Rake • Stephen Russell • Sir John Sunderland • Patience Wheatcroft • Simon Fraser Annual Revenue: ▲£17.3 billion GBP (2005) · Employees: 113,300 · Stock Symbol: LSE: BARC · Website: www.barclays.com v • d • e Major investment banks ABN Amro · Banc of America Securities · Bank of Montreal · Barclays Capital · The Blackstone Group · BNP Paribas · CIBC World Markets · Citigroup · CLSA · Credit Suisse · Deutsche Bank · Dresdner Kleinwort · Goldman Sachs · Houlihan Lokey · HSBC · JPMorgan Chase · ING Group · KBC Bank · Keefe, Bruyette & Woods · Lazard · Macquarie Group · Mediobanca · Merrill Lynch · Mizuho Corporate Bank · Morgan Stanley · N M Rothschild & Sons · Nomura Securities · Oppenheimer & Co. · Piper Jaffray · Royal Bank of Scotland · RBC Capital Markets · Société Générale · Stifel Nicolaus · UOB-Kay Hian · UBS · Wachovia

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