Why Barclays for Investment Banking? / Overview of Barclays
Barclays is one of the longest-standing investment banks in the world, with its origins tracing back to the late 1800s. Barclays has a long history as a leading London-based bulge bracket investment bank. Barclays notably acquired Lehman Brothers in 2008 to bolster its North American business.
Barclays was recently named as the UK's best investment bank, largely in part to its world-class debt capital markets practice.
Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Barclays Corporate and Investment Bank, you should make sure you know:
1 deal that the investment banking group has done
1 person at the firm (ideally someone who would have influence over your recruiting process)
1 business model-specific detail to mention
We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.
Barclays advised Apollo and a consortium of other investors on the acquisition of aircraft leasing service Atlas Air Worldwide.
Transaction Description: An investor group led by Apollo Global Management Inc. (NYSE:APO), Hill City Capital LP, and J.F. Lehman LLC entered an agreement to acquire Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW).
Transaction Value: US$5.2B post-closing enterprise value, all cash
Transaction Date: Announced August 2022
Company Name: Barclays Corporate and Investment Bank (part of Barclays)
Description: Barclays Corporate and Investment Bank is a UK-based financial advisory provider offering a multitude of products including M&A advisory, debt capital markets, equity capital markets, leveraged finance, and risk solutions
Bank Category: Bulge Bracket
Ticker: NYSE:BCS and LON:BARC
Founded: 1997 (for Barclays Corporate and Investment Bank)
Employees: 81,000 (for all of Barclays)
Chief Executive Officer: Paul Compton
Headquarters: London, UK
Based on the H1B Database, the average base salary for an Investment Banking Analyst at Barclays is $95k.