Financial Services Industry
Industry: Email Alert RSS FeedThe success of Barclays Capital has continued even in difficult times, but this doesn't mean it will.
Financial News, November, 2002
Want a certain bet for the end of the year? Place money on the chances of Barclays Capital walking away with a slew of awards for outstanding performance in what has been the most difficult year for global capital markets in living memory. While most competitors writhed in agony, BarCap barely missed a beat. If it hadn't been for the prospect of increased loan provisions against bad debts, it would have been an almost perfect year..
How does BarCap do it? Essentially by sticking to its knitting as a supremely tax-efficient, highly focused debt capital markets house with a money-spinning Treasury operation bolted on to the side. Throw in some of the best managers in the Euromarkets and add an outstanding year for fixed income, and you can see why BarCap makes...
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