Can someone please explain the main differences between BB and EB?
Also, can you give me some examples of investment banks that fall into each category? And are there any notable differences in work style (hours, jobs) or culture between BB and EB firms?
| +64 | PWP acquisition by Piper cancelled | 27 | 18h |
| +51 | Is my MD a grifter? 16 years, 8 firms | 11 | 50m |
| +43 | No return offer - UPDATE. | 12 | 13h |
| +37 | Article: UBS Wall Street Rebuild Is a Study in Management Failure | 7 | 22m |
| +36 | Evercore poaches Baird DC Defense Team | 28 | 11h |
| +24 | Lack of talent in IB! | 20 | 16m |
| +23 | Best Houston Banks for Culture in 2026 | 18 | 17h |
| +22 | Moat of modelling in PE/Finance completely vanished; | 3 | 15h |
| +21 | Internal lateral from coverage to M&A (focused on coverage) | 6 | 1d |
| +20 | What Are The Best Boutiques 2026/2027 | 15 | 8h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bulge Bracket banks are the largest and most established players in the industry, with a global presence and a wide range of capabilities across different sectors and regions. These banks typically work on the largest and most complex transactions, and they have the resources and brand recognition to attract top-tier clients and talent. Some examples of Bulge Bracket banks include JPM, GS, MS, BofA, Citi, etc.
Elite boutiques are smaller (but not small), specialized firms that focus on a narrower range of services and clients. These firms often have a more entrepreneurial and innovative culture, and they may offer more tailored and personalized services to their clients. Elite boutiques also tend to have a higher concentration of top talent, as they often attract professionals who are looking for more specialized and challenging work. Some examples of elite boutiques include Evercore, Moelis & Company, Centerview Partners, and Greenhill & Co.
Thanks Simio!
How different are the hours and work in each type?
Dolores et natus ut alias inventore mollitia. Qui et culpa deleniti quo itaque odit aliquam. Consequatur voluptatem voluptatem molestiae ea excepturi.
Veniam quia libero exercitationem doloribus. Suscipit nobis quo quo neque dicta velit. Velit veritatis sit suscipit eum.
Quod vel dignissimos repudiandae vitae sit. Dolor quibusdam ipsam atque quia veniam doloribus architecto.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...