Bulge Bracket Bank
The attribution regarding the status of being a bulge bracket bank is often disputed.
Bulge bracket bank. 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. But not any kind of slang. Some banks that are commonly recognized as being a part of the bulge bracket are. They also have divisions for sales trading equity research wealth management corporate banking and more.
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. 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 investment banks are the biggest commercial institutions in the global financial industry. Bank of america barclays citigroup.
Goldman sachs barclays capital credit suisse deutsche bank jpmorgan chase citigroup morgan stanley and ubs. 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. 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. They provide both advisory and underwriting services as well as equity research sales trading.
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 term bulge bracket is in fact 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 term bulge bracket generally refers to the large investment banks that cover most or all industries and offer most or all of the various types of investment banking services.
The group of bulge bracket banks comprises the world s largest multi national investment banks whose investment banking clients are usually large corporations institutional investors and governments.