Pros
The flat structure of Barclays Capital makes management very accessible and offers lots of quick exposure. The culture of the firm is generally one of respect and properly rewarding good work. The company operates truely as a global bank with lots of seamless interaction across regions. The benefts are comparable to other banks, however the New York office may feel a bit short changed compared to the London in regards to memberships, etc to cultural institutions. The company is doing well in a difficult market and has greatly expanded its exposure with the acquisition of Lehman Brothers North American operations.
Cons
Many of the downsides to working at Barclays Capital relate to its recent and rapid growth over the past few years. The company grew in size in regards to staff and financial metrics and often the systems in place both technology and policy lag behind. Compared to more mature investment banks Barclays may appear a bit behind in some senses, although that is not to say there are not some very fine and very advanced systems at Barclays. The company has grown a bit more bureaucratic as of late seemingly in response to its much larger US presence after the Lehman acquisition.