BARCLAYS CAPITAL
Barclays Capital has shown its global strength this year across the key asset classes while simultaneously moving into new regions such as India where it structured the first local collateralized debt obligation. The firm weathered the credit storm in the U.S. and has expanded its efforts in areas such as equity derivatives, fund-linked derivatives and property derivatives. Barclays made a number of significant hires, particularly in the U.S. and Asia, and launched new and expanded structures in these regions, including of iPath notes in the U.S. and its local-credit CDOs in Asia.
Unlike many of its competitors, Barclays retains separate managers for each asset class. Equity derivatives, run by Dixit Joshi, and credit derivatives, run regionally by Doug Warren, Eric Slighton and Andrew Whittle, have dedicated sales, trading and structuring staffers. This gives them an edge with customers in terms of expertise in specific asset classes, but at the same time the groups have also consistently led the way this year with a variety of hybrid structures, such as collateralized foreign exchange obligations.
Other Nominees:
* Deutsche Bank * JPMorgan * Lehman Brothers