Best specialist investment bank

Barclays Capital

Barclays Capital is a rarity. It has been climbing the bond league tables, is consistently top of the European loans league tables, is nurturing a niche equities franchise, and its employees seem to like working there. “We’ve had just three managing directors leave us to join competitors in the last five years,” says Bob Diamond, Barclays Capital’s CEO. “And in that time 70 or 80 have joined us at that level.”

What’s more, it’s even managing to build a business in the US, and is making a profit while doing so.

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