Barclays: Predator or prey
Will Barclays acquire ABN, or will this spark off others to target ABN and Barclays itself?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
i thought BofA once wanted to take over either one of those as separate times..
ah bofa..
Goldman was left out. Big win for DB FIG, which I think i son the upswing
Barclays approach to ABN makes a whole hell of of a lot more sense than BofA/Barclays. Barclays wants a piece of the Asia market--ABN has it, BofA doesn't. Also culturally, two European banks would be able to integrate a lot better.
We'll see what happens. Barclays posted record profits this year and has a cowboy CEO with an eye to expand.
Salam: Why is it a big win for DB FIG? They are advising ABN? Goldman left out cos they are a potential acquirer?
GS would have no interest in acquiring a retail bank like ABN AMRO. The potential acquirers are two large french banks and RBS.
DB is advising Barclays
Looks like it's gonna happen...
interesting article in the journal saying Citi might team up with Barclays to buy ABN AMRO.
who cares crap banks
You are so fuckig lame
student22, you're a moron.
Errr..they would be the 5th biggest bank in the world. student22..what can i say, you're such a wannabe ibanker.
If the deal doesn't go through will become prey
is Barclays seriously respected as an ibank? i heard it was a joke...here and in europe.
where did you hear that? and how is it substantiated?
Depends if you mean respected by clients or respected by people who post day in and day out on websites like this. If the latter, then no it is not respected. If the former, then yes it is respected, although perhaps not by the blue chips who will always go with GS or MS anyway.
It's a debt house, and in European debt it's near or at the top for most products. Definitely not a joke; just small and relatively new.
Agreed fp175,
Only been in the US since '98. Doesn't do M&A or equity. Dunno where you would hear that mika.
Actually, Barclays Capital isn't really small anymore. If you look at the most recent earnings release, earnings at Barclays Capital (the investment bank) actually exceeded the earnings of Bear and Lehman, as well as of the investment bank at JP Morgan. It was right in the same range as Merrill, CS, UBS, etc. And as someone said, that's without M&A or equity underwriting (they do do equity derivatives now).
Omnis dignissimos consequuntur est quod iste explicabo. Nemo rerum quas amet reprehenderit et.
Illo aut totam ipsa enim error. Nobis ut quia nostrum fuga eum exercitationem. Nesciunt illo quod id magnam consectetur quidem. Cum debitis asperiores magnam. Quia et placeat iure et voluptatem. Aut et dolores quia eum distinctio. Est vitae expedita voluptates voluptatem eum.
Explicabo omnis iste laborum sit consequatur et non. Dolor voluptatibus aut quaerat ut alias. Architecto ad culpa quae exercitationem. Facere consequatur ex ex ut dolores placeat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...