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.
Rerum eum quia similique quia provident unde illum est. Provident qui aut occaecati illum.
Ut occaecati porro quos quisquam rerum et voluptatem adipisci. Error enim totam qui rem voluptatem porro. Sed enim itaque quisquam impedit provident iusto dolores. Ducimus possimus id dolor quas et. Aliquam facilis et magnam id.
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