• Barclays Capital Top people: Clément Perrette, head of euro rates trading; Sean Taor, global head of rates syndicate; Lee Cumbes, head of frequent borrower DCM Primary dealer mandates: 17

Over the past decade BarCap has rapidly risen as a powerhouse in debt capital markets and fixed-income sales and trading. Across core currencies its execution and distribution capabilities make it a first choice for governments.