Barclays raids ABN AMRO to build corporate finance team

Barclays Capital strengthens its corporate finance franchise by hiring five senior bankers from ABN AMRO including the heads of M&A for Asia and India.

Barclays Capital BarCap, the investment banking arm of the British bank Barclays, announced a bold move yesterday poaching a team of investment bankers from ABN AMRO to kick-start its corporate finance and MA business.

Barclays may have lost the battle to buy ABN AMRO late last year, but its investment bankÆs latest move demonstrates that it is not ready to concede defeat in the war for advisory revenue. The UK-headquartered investment bank has poached five senior...

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