What is a "Boutique" Bank?
What is a "Boutique" Bank?
A "Boutique" Investment Bank is smaller than a Bulge Bracket or Middle Market (MM) Bank and typically works on smaller deals. Although certain private or larger boutiques compete with the big boys from time to time, the main focus of a Boutique is usually on the smaller end of the range in terms of deal size and/or in a specialized niche/industry.
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