Ross L. Smotrich joined Barclays Capital in September 2008 and is currently a managing director and senior research analyst following the real estate investment trust and real estate securities sectors. Previously, he had joined Lehman Brothers in June 2008 after 10 years as a senior managing director at Bear Stearns, following four years as a senior equity analyst at Merrill Lynch. Mr. Smotrich has ranked in the Institutional Investor's "All-America Research Team" survey five times and has twice been named to The Wall Street Journal's "All-Star Analysts" survey (earnings forecasting). Before moving to sell-side research, Ross was a real estate banker for Chemical Bank doing lending, investment banking and workout. He earned an MBA from Columbia University in finance/real estate and a BA from the University of Pennsylvania in diplomatic history/international economics.
The development of Barclays global business began in earnest in 1925 with the merger of three banks: the Colonial Bank, the Anglo Egyptian Bank and the National Bank of South Africa. In 1981, Barclays became the first foreign bank to file with the U.S. Securities and Exchange Commission and raise long-term capital on the New York market. In 2008 Barclays Capital acquired Lehman Brothers' North American investment banking and capital markets businesses. This acquisition cemented Barclays Capital position for its clients with a leading presence in all major markets and across all major lines of business including equities, credit, fixed income, mergers and acquisitions, commodities trading and foreign exchange. Today, Barclays is a global bank represented in Europe, the USA, Latin America, Africa, the Caribbean, Asia, the Middle East and Australasia.