Barclays Capital is one of the world's most prolific underwriters of fixed-income securities, but provides services for all

asset classes. The firm also provides M&A advisory services and has worked on such mammoth deals as Pfizer's 2009 acquisition of Wyeth.

BHP-Petrohawk Deal
Barclays Capital is one of the world's most prolific underwriters of fixed-income securities, but provides services for all asset classes. It also provides M&A advisory services and has worked on such mammoth deals as BHP-Petrohawk Deal. Barclays differentiates itself from its competitors with its several cross-border transactions. All these are possible because of the powerhouse talent Barcap houses and a workculture which nurtures rigour and discipline.

The recession and the rogue trading in UBS will result in further turning the political sentiment against IBDs and lead to further tightening of regulation. New regulations like ring fencing retail banking from IBDs, a bigger capital asset requirements will make borrowing costly for IBDs. It will be a challenge for IB and equity reserch divisions to maintain their aggression under these new constraints