Too bad Lehman went bankrupt and Barcap's second rate cuture took over - M&A Analyst Barclays Employee Review

2.0
27 Sept 2009
Recommend
CEO approval
Business outlook

Pros

- Able to do a smooth transition fairly smoothly after Lehman bankruptcy

Cons

- Letting some of Barcap's side management to run areas where Lehman Brothers was clearly a lot better at and therefore Barcap should've let ex Lehman people to run it. - Horrible culture, Barcap doesn't understand how a top notch investment bank is run - Nobody really cared about Barcap, but when you mention "Ex Lehman" then we get the deals - Trying to do everything very cheapl, some top notch Lehman support departments which was essential to us in M&A were cut in exchange for cheaper Indian outsourcing firms which was a total disaster to get everything done.

Explore other reviews about Barclays

5.0
22 May 2026
Recommend
CEO approval
Business outlook

Pros

Chill and work life balance

Cons

no money, no increment, check

4.0
22 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Work Life balance, 5 weeks vacation, unlimited sick days, friendly atmosphere, Great campus and facilities,

Cons

Pay and Bonus can be higher and on par with competitors. High loyalty tax. Low merit increases and bonus. Competitive but Loyal Long-term employees get demotivated and tend to quite quit.

See reviews by: Helpful|Rating|Date|All