Gomes, do you agree with the list you provided? (Or is that your own list)

I've heard many critics argue that perhaps Lehman/UBS/CS would be under "possibly"

Could you explain further? I signed a Finance internship at Lehman, and would like to affirm whether or not Lehman is legit. Or will remain legit.

I have checked the league tables, so i have an inclination, but what is the general outlook for these banks and their rankings?

Ex, is Bear still considered a BB? It's pretty much off headlines...

 

That's just my own personal opinion. I would say that Lehman/UBS/CS are all bulge, considering they are well within the top 10 of the league tables. If anyone is a 'possibly' it is Bear, as they are much smaller is size and scope than most of the other BBs.

Everyone has their own interpretation of bulge brackets, that list (the groups aren't ranked, so Barclays isn't necessarily better than HSBC) is just my opinion of how it breaks out.

 

I don't think there is a precise definition of Bulge Bracket. What is considered BB, I think, differs by geography/market. What is considered a BB in the US is not necessary a BB in Canada, in Europe or in Asia.

 

Pure-plays, by stock ticker:

MS GS MER LEH BSC

Corporate or foreign banks with full service U.S. IB, by stock ticker: JPM C BAC CS UBS

There are only a handful of full-service investment banks other than those listed above. The largest full-service IB not listed above would be JEF.

---------------- Account Inactive
 
thatguy123:
the only people who would ever describe Wachovia as a "bulge bracket" investment bank and maintain a straight face probably work there
Lol, that's funny. So as far as I know, BoA has been gaining prestige recently, but is still not up to the level of others. How would you guys rate the prospects at this company's IB division. As a sidenote, I heard their NYC office is one of the nicest.
 

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