Barclays Deck
What were BZW and Barclays Capital, and why does that history explain the firm's debt DNA?
Model answer
After the City of London's 1986 'Big Bang' deregulation, Barclays built an investment bank called Barclays de Zoete Wedd (BZW). In 1997 it sold BZW's equities and corporate advisory businesses (to…
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