Barclays (US Operations)

Barclays Investment Bank, operating as Barclays Capital in the US, contributed significantly to the firm's $28 billion in total group revenue in 2025. The bank acquired the North American operations of Lehman Brothers in 2008 for $1.75 billion, which gave it a substantial Wall Street presence overnight. Its US franchise is a top-10 player in investment-grade and high-yield bond underwriting.