Prime broker profile: Barclays Capital - aiming for the top

Aiming for the top tier


When Lehman Brothers collapsed in September 2008, Barclays Capital (BarCap) seized its chance. After years of organic growth, the UK-headquartered bank expanded its operations in one fell swoop by taking on Lehman’s US investment banking and fixed-income and equities sales, trading and research operations.The deal attracted considerable attention and is still doing so thanks to a recent Manhattan bankruptcy court hearing. Lehman’s bankruptcy trustees and creditors are trying to re