this can be misleadingbarcap has just changed its mission, from something like "be the most premier european ib" to something"be the globle risk management" something. but that only means instead of always executing european deals, barcap is ready to go out to execute global deals, it is to manage its clients' risk, rather than manage its own risk, while risk manager manages barcap's own risk. Traders & sales manage barcap's clients' risk.