Bulge Bracket Bank
The term bulge bracket is in fact slang.
Bulge bracket bank. Because this term refers to a group which comprises the biggest as well as the most profitable investment banks in the world these are also multinational corporations that offer all kinds of services. With jessika van feodor chin teddy larsen chris king wong. Bank of america barclays citigroup.
Bulge bracket banks are multinational brand name banks that regularly handle billion dollar transactions and employ thousands of people in financial centers around the world. They also have divisions for sales trading equity research wealth management corporate banking and more. While there is no official list of bulge bracket banks most people would consider the following banks to be bulge bracket.
Bulge bracket investment banks are the biggest commercial institutions in the global financial industry. They are some of the leading lucrative and giant organizations of the world not only in terms of their size and structure but also in terms of the plethora of banking requirements they fulfill. Bulge bracket banks are massive multinational corporations.
Goldman sachs barclays capital credit suisse deutsche bank jpmorgan chase citigroup morgan stanley and ubs. But not any kind of slang. An ensemble office dramedy centered around a young woman who begins her career at a prestigious investment bank only to discover that wall street is more ridiculous and sexist than she ever imagined.
The bulge bracket consists of the world s largest global investment banks premier banking institutions that serve clients that consist of governments large corporations and institutions. The bulge bracket or bb firms are the largest global banks that operate in all regions and offer all services m a equity debt and others to clients. Some banks that are commonly recognized as being a part of the bulge bracket are.
Bulge bracket is also a catch all term for the most profitable multi national investment banks in the world whose banking clients are normally large institutions corporations and governments. They provide both advisory and underwriting services as well as equity research sales trading.