GS, MS and ML were exclusively the bulge bracket in the mid-90s not today. UBS, Citi, CSFB, JPM, etc. are all bulge bracket. Anyone that tells you that they can execute a massive LBO without of the those banks is crazy.
Sponsors, institutional investors, majority of people at other banks, that chick from Brother Jimmy's, and my parents don't know or care what's bulge bracket or not. The only people who feel they need to over-compensate by labeling what's bulge or not, are pre-pubecent pre-first year analysts/associates.
Headhunters feel that any Top 10 bank is bulge bracket, and that's all that frankly matters in the end.
Headhunters (for lateral positions) will usually refer to the top 10 as the Bulge, while top 3 or top 5 get designated as "top tier." So "top tier boutique" usually means Evercore, Greenhill, etc.
They may get more specific and say something like top tier European (CS, UBS, sometimes DB). And if they say "global" but don't mention bulge or top tier, it's probably RBC, RBS, CIBC, etc.
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yeah
http://en.wikipedia.org/wiki/Bulge_bracket
But some ppl say that GS, MS and ML are the real BB firms, JPM is not......
Ken, that is discussed in the article. Read the fucking link he posted, you horse's ass.
GS, MS and ML were exclusively the bulge bracket in the mid-90s not today. UBS, Citi, CSFB, JPM, etc. are all bulge bracket. Anyone that tells you that they can execute a massive LBO without of the those banks is crazy.
Citigroup JP Morgan Credit Suisse Goldman Sachs Morgan Stanley UBS Merrill Lynch Lehman
Not many people would argue with you if you described any of those firms as bulge brackets
?
...
?
Honestly, who gives a shit.
Sponsors, institutional investors, majority of people at other banks, that chick from Brother Jimmy's, and my parents don't know or care what's bulge bracket or not. The only people who feel they need to over-compensate by labeling what's bulge or not, are pre-pubecent pre-first year analysts/associates.
Headhunters feel that any Top 10 bank is bulge bracket, and that's all that frankly matters in the end.
Headhunters are very selective bank/group/rank unless you're talking Glocap type firms.
Headhunters (for lateral positions) will usually refer to the top 10 as the Bulge, while top 3 or top 5 get designated as "top tier." So "top tier boutique" usually means Evercore, Greenhill, etc.
They may get more specific and say something like top tier European (CS, UBS, sometimes DB). And if they say "global" but don't mention bulge or top tier, it's probably RBC, RBS, CIBC, etc.
Sint magni excepturi sint. Eum ullam doloribus nam autem quos. Beatae atque ex deleniti est alias.
Nihil eum non aut incidunt mollitia. Voluptas id eum officiis sed sunt. Aut ratione et ab.
Ad consequuntur praesentium aut quia ut. Dolor unde voluptate aut laudantium alias. Laboriosam facilis autem cum sit quo sed inventore.
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