Barclays Capital

Barclays Capital
Type Investment bank
Industry Finance
Founded 1997
Headquarters 5 North Colonnade, Canary Wharf, London, United Kingdom
Products Financial services
Revenue $13.280 billion USD (2009)
Total assets US $ 1.497 trillion (2009)
Employees 25,500[1]
Parent Barclays Plc
Website Barcap.com

Barclays Capital is a global British investment bank. It is the investment banking division of Barclays plc which has a balance sheet of over £1.2 trillion (2008 BARCAP figures). Barclays Capital provides financing and risk management services to large companies, institutions and government clients. It is a primary dealer in U.S. Treasury securities and various European Government bonds.

Barclays Capital is led by co-CEOs Rich Ricci and Jerry del Missier. Barclays Capital had 2004 income of GBP 3.4 billion/USD 6.4 billion primarily driven by the structured tax and rates businesses. Barclays Bank as a whole had 2004 income of GBP 13.9 billion/USD 26.4 billion.

Barclays Capital (Barcap) has offices in over 29 countries and since the acquisition of Lehman Brothers' main U.S. division in September 2008, employs over 20,000 people, over 7,000 people work in the IT division.[2] This has significantly increased Barclays Capital's presence in the North Americas.[3]

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