What is/are the next group(s), if any, to make BB status?
IB
Tags:
(King Kong, 1,718
Points)
on 12/14/12 at 4:35pm
What groups and when?
I'm guessing most think it will be one of the following:
Greenhill, Lazard, Evercore, Moellis, BMO, RBC, or Jefferies
Anyone have a strong opinion one way or the other?
Maybe a big player in Asia like HSBC?





Does anyone here actually
Does anyone here actually understand what the "bulge bracket" is?
"There are three ways to make a living in this business: be first, be smarter, or cheat."
Usually posts this dumb are
Usually posts this dumb are trolls, but sadly I feel this isn't the case here.
See my WSO Blog
OP, start with
OP, start with this:
http://en.wikipedia.org/wiki/Bulge_bracket
"Those who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety."- Benjamin Franklin
Perhaps OP believes BB is an
Perhaps OP believes BB is an acronym for "badass bank."
Not fully related, but
Not fully related, but thoughts on RBS as a BB? I've always considered them in the mix (albeit lower tier).
^wtf- monkey shit for that?
^wtf- monkey shit for that? really?
Black Jack: Not fully
Not fully related, but thoughts on RBS as a BB? I've always considered them in the mix (albeit lower tier).
They are in the sense that they are high up on certain underwriting tables. But they aren't in the traditional sense, at least not in the states. If you included them as a bulge-bracket firm in a discussion (in the US), you'd find plenty of disagreement, if only because they're low on M&A tables, are hemorrhaging money/staff, and are having most of their securities business wound down by the British government.
^wtf- monkey shit for that? really?
It was uncalled for, agreed.
"There are three ways to make a living in this business: be first, be smarter, or cheat."
Well all BB banks raise
Well all BB banks raise capital, so EVR/LAZ are out because they run with a different business model. BMO, RBC, Wells maybe....
Learn what BB means. Lazard
Learn what BB means.
Lazard is hands down better than UBS. But jrt336 is right... EVR/LAZ are not BB since they are not universal banks.