1.0
Oct 29, 2008
Current employee
New York, NY
Recommend
CEO approval
Business outlook
Pros
It is well recognized in the street. With the acquisition of Lehman, the firm has grown significantly. It has gained good reputation among peers and has agressively gained market shares in a lot of areas. Good place for a starter.
Cons
Headquarter is in London. New York branch is really treated as a branch. All the decisions are made in London. The Lehman acquisition is more like a reverse acquisition. A lot of the 3000 Barclays ppl have lost their job. Many senior positions are taken by ppl from Lehman. This company does not award loyal employees. The longer you stay, the more likely your pay will be screwed. Bonus is at a very low level as compared to the peers in the street.