What kind of banker are you?
Applying deep expertise across sectors, regions and products, investment banking teams create customized, sophisticated strategies to help clients achieve their goals. But who are these teams? And what part does each play? Here’s a quick overview.
Different areas of focus
Coverage groups (also known as industry groups) cover a specific industry and focus on the client. At Barclays, these groups are collectively known as Corporate Finance Mergers & Acquisitions.
Product groups specialize in specific types of transactions and focus on the execution of the deal. At Barclays, these groups are collectively known as Global Finance & Risk Solutions.
Work on all types of transactions for clients in one industry. You could specialize in any one of our coverage areas, which range from Consumer Retail and Financial Institutions to Power & Utilities and Real Estate.
Build expertise in specific products for clients in a range of industries. Depending on the group you join, you could work on transactions like debt issuance, initial public offerings, restructurings, share repurchases, leverage buyouts and more.
- Not tied to the markets so can get in between 9am and 10am.
- Client focused. Based in a larger group.
- Take the lead on developing comprehensive pitches to win business.
- Manage the lifecycle of each deal you work on from start to finish, staying in constant contact with your client, legal, your product banking partners and others working on the deal.
- In before the markets open and always noting how they can affect live deals.
- Technically focused. Based in a smaller group.
- Contribute critical product-related elements of a pitch.
- Track multiple live deals day-to-day, take charge of marketing and distribution, and talk to salespeople and potential investors.
A range of motivations
Go for Coverage if you want to:
- learn about finance from a broad perspective.
- gain global exposure.
- understand how businesses capitalize and CEOs strategize.
- carry out in-depth research and build financial models.
- experience the thrill and teamwork involved in delivering a high-profile pitch.
Go for Product if you want to:
- learn about the markets and how they operate.
- add specialist know-how to complex deals.
- nteract daily with senior people and learn from them.
- take control of live deals.
- enjoy the constant pace and stimulation of projects that need to be turned around quickly.
In a nutshell
Master the competitive landscape of a specific industry sector
Excel at structuring specialist deals for all sorts of businesses.
Learn more about Banking