Bulge Bracket Fact Sheet

chimmny12's picture
Rank: Chimp | -13

Could somebody please make a bulleted list of all of the bulge bracket banks and include the core competencies for each bank at what they're best at? This would be to everyone's benefit who wants to learn the "scoop" on each of the big players

Comments (51)

Jul 30, 2018

Hey theharvardbanker, I'm here to break the silence...any of these links help you?:

  • Bulge Bracket and Elite Boutique Tiers rankings contributed by our users. Tier 1a: Goldman Sachs, Morgan Stanley Tier 1b: JP Morgan Tier 2a: Citi, ... Bank of America/Merrill Lynch, Credit Suisse, Barclays Tier 2b: Deutsche Bank Tier 3: UBS, Wells Fargo, ... Stifel, Oppenheimer, Peter J. Solomon, Robert Baird, Piper Jaffray Bulge Bracket
  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige Banks: Tier 1a: Goldman Sachs, Morgan Stanley Tier 1b: J.P. Morgan Tier 2a: Citi, BAML, Barclays Capital, ... Includes large banks Tier 1a: Goldman Sachs, Morgan Stanley Tier 1b: JP Morgan Tier 2a: Citi, Bank of ... powerful Rabbi. They stick
  • What Is The Next Bulge Bracket Bank or Will There Ever Be Another Bulge Bracket Bank? Sachs Morgan Stanley J.P. Morgan Credit Suisse Bank of America Merrill Lynch Citigroup Barclays Deutsche ... My understanding is that the following are the Bulge Bracket Banks with 100% consensus. Goldman ... category of Bulge Bracket? Is this the definitive
  • Post Crisis Bulge Bracket Investment Banks a brief view of the strength, and future outlook of: Goldman Sachs JP Morgan Morgan Stanley Citi Bank of ... I currently have an S&T offer with a BB investment bank, but was curious what people's ... America Barclays Capital UBS Credit Suisse Deutsche Bank Both as a
  • Bulge Brackets and Boutiques: The rise of new generation of banks Goldman Sachs, JP Morgan and the rest? Or, are we witnessing a fundamental transformation of the Street ... that banks like Goldman and Morgan Stanely will offer you some of the best exit opportunities, having ... is still hard to neglect the fact that Bulge Brackets occasionally top their charts. What happens ...
  • McKinsey Study: Future of Bulge Bracket Citigroup Inc., Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc., HSBC Holdings Plc, ... http://www.bloomberg.com/news/2013-01-23/wall-stre... McKinsey-says.html : Only five or six companies will remain " bulge bracket " firms ... that offer all investment banking and trading products worldwide, the consulting firm
  • 2006 Bulge Bracket- as seen by Goldman Sachs The latest unofficial bulge-bracket list (as compiled by partners at Goldman) 2006 Bulge Bracket ... : GS, MS, ML, Citigroup, Credit Suisse, UBS, Lehman. Tier 1: JPM (should be BB though- in my opinion), ... Rothschild, Lazard, Barcap, Bear Stearns & Deutsche. Tier 2: ABN, Dresdner, HSBC, BNPParibas, SocGen, Bank ...
  • More suggestions...

Calling relevant pros to the rescue! @tennispro94 @pyoung @cshen28

Hope that helps.

Aug 1, 2018

I find it hard to believe something like this isn't already online...try Google.

Funniest
Aug 1, 2018

would you like someone to apply for you too

    • 35
Aug 1, 2018

..

Aug 2, 2018

This reply is coming from someone, who has commented complete nonsense on several of my posts, who describes himself as follows according to one of his posts: "I'm 25 and wasn't able to land in IB out of school or lateral in."

This is telling to the kind of people who are active in creating the nonsense jokes seen in this thread and on WSO in general. Good luck tearing your hair to get into a "Top 30" MBA, spending less time on here to add 0 value will serve you better on your GMAT.

Through my short time on here, I found that WSO is like the College Confidential of IB - hopeless people that need an outlet to fill the fact that they can't actually succeed in real life. Btw I'm deleting my account.

    • 1
    • 3
Aug 2, 2018
theharvardbanker:

This reply is coming from someone, who has commented complete nonsense on several of my posts, who describes himself as follows according to one of his posts: "I'm 25 and wasn't able to land in IB out of school or lateral in."

This is telling to the kind of people who are active in creating the nonsense jokes seen in this thread and on WSO in general. Good luck tearing your hair to get into a "Top 30" MBA, spending less time on here to add 0 value will serve you better on your GMAT.

Through my short time on here, I found that WSO is like the College Confidential of IB - hopeless people that need an outlet to fill the fact that they can't actually succeed in real life. Btw I'm deleting my account.

It was a pleasure, sir

Aug 3, 2018

u mad bro?

Aug 1, 2018

Did you refer to a similar list when you ended up choosing Harvard?

Aug 1, 2018

OP reminds me of that homeless guy in front of Grand Central who shouts "can somebody give me some money!!!"

Aug 1, 2018

delete this

Array

Aug 1, 2018

Only one I know about is Deutsche Bank; not aware of their core competencies.

    • 5
    • 3
Aug 1, 2018

There is also that forum topic that compares BB banks to houses of GoT.. those comparisons probably will give you a romantic idea about each firm (if you're a GoT fan)

Aug 1, 2018

how did you get into harvard?

Aug 1, 2018

@WSO Monkey Bot , thanks for trying, but none of those links helped at all with my question.

If someone could please comment a useful reply and provide a breakdown of the bulge-brackets & core competenices as the question asked, that would be useful seeing as how such a thread doesn't exist on WSO. Google does not provide useful insight in terms of a consolidated fact sheet. In fact, a Google Search redirects to the threads that @WSO Monkey Bot listed. The jokes above are simply of poor taste and don't add value.

I was accepted to Harvard College because of my geniune ability to help people. That simple. If any one of you non-targets is looking to transfer, I suggest following the same conceptual path and perhaps using this as a starting point.

    • 12
Aug 1, 2018

Did you actually just reply to an automatically generated message by a bot....

Most Helpful
Aug 1, 2018

Here is the consolidated fact sheet of core competencies

GS, MS, BX, JPM, CS, UBS, DB, WF, BAML, MoCo, EVR, LAZ, HLok, PJC, Stifel, Jeff, RJ, etc.
- Executing transactions in a variety of industries, making money for shareholders

Centerview, WB, Baird, boutiques, all other private IBs
- Executing transactions in a variety of industries, making money for partners

    • 5
Aug 2, 2018

Macquarie Group

Aug 2, 2018
theharvardbanker:

I was accepted to Harvard College because of my geniune ability to help people.

Pls fix typo and resubmit. Thx.

    • 1
Aug 2, 2018

I'm not trying to be a dick here, but this is not a question that I would expect much genuine help on from this forum. This is definitely a google question, and it might be worthwhile looking at other sites like Mergers & Inquisitions. If anything, compiling your own fact sheet will give you a better understanding of each institution's strengths and weaknesses, and then you can share it with others who have the same question. Good luck!

Aug 2, 2018

I was hoping to receive sound input from a supposed community of people who know about investment banking. I'm a CompSci student who is just entering the IB game. However, investment banking and comp sci must not have the same level of dedication. For instance, if you post an equivalent computer science question on stack exchange (most popular comp sci forum) you will receive a reply in about 30 seconds detailing all steps and pertinent explanations to your question. Either WSO doesn't have enough membership or knowledge because you get the same mail-room losers commenting over and over again with jokes. That's what Reddit is for. Do you not know of maybe a website or something that would already have this information I'm looking for? I understand the whole thing about the "due diligence" mindset of IB, but it seems hard to believe this doesn't already exist somewhere on the Internet and that I have to pour in time creating something which already exists. In coding, we call this "redundant reduplication" or more simply "a waste of time". If that was the case then industry forums would not make sense to even have. I think the point is to work smarter, not harder. Plus, I'm not asking a question that is just easily Googleable, but lends itself best to be answered by a collective people who have each had experience in one of these banks to create a better picture for everyone. @KRMcNamee

    • 7
Aug 1, 2018

@YungMonc I appreciate you translating the difference for me between a public and private company.

I like the list which you gave. For every bank, could you or anyone else give me 2-3 bullet points what the core strengths of the bank are and what differentiates it in the industry? Also, let's just stick to bulge bracket:

Goldman Sachs
(1)
(2)
(3)

Morgan Stanley
(1)
(2)
(3)

JP Morgan
(1)
(2)
(3)

Barclays
(1)
(2)
(3)

BAML
(1)
(2)
(3)

Credit Suisse
(1)
(2)
(3)

Deutsche Bank
(1)
(2)
(3)

UBS
(1)
(2)
(3)

Citigroup
(1)
(2)
(3)

    • 12
Aug 1, 2018
theharvardbanker:

@YungMonc I appreciate you translating the difference for me between a public and private company.

I like the list which you gave. For every bank, could you or anyone else give me 2-3 bullet points what the core strengths of the bank are and what differentiates it in the industry? Also, let's just stick to bulge bracket:

Goldman Sachs
(1)
(2)
(3)

Morgan Stanley
(1)
(2)
(3)

JP Morgan
(1)
(2)
(3)

Barclays
(1)
(2)
(3)

BAML
(1)
(2)
(3)

Credit Suisse
(1)
(2)
(3)

Deutsche Bank
(1)
(2)
(3)

UBS
(1)
(2)
(3)

Citigroup
(1)
(2)
(3)

I will do this for you for $3,500

    • 3
Aug 1, 2018

@YungMonc I promise I will send you a check for $3,500 from my bonus once I get educated on the bulge brackets from your answer and consequently land a job at one of them. You can PM me as well.

Aug 1, 2018
YungMonc:
theharvardbanker:

@YungMonc I appreciate you translating the difference for me between a public and private company.

I like the list which you gave. For every bank, could you or anyone else give me 2-3 bullet points what the core strengths of the bank are and what differentiates it in the industry? Also, let's just stick to bulge bracket:

Goldman Sachs
(1)
(2)
(3)

Morgan Stanley
(1)
(2)
(3)

JP Morgan
(1)
(2)
(3)

Barclays
(1)
(2)
(3)

BAML
(1)
(2)
(3)

Credit Suisse
(1)
(2)
(3)

Deutsche Bank
(1)
(2)
(3)

UBS
(1)
(2)
(3)

Citigroup
(1)
(2)
(3)

I will do this for you for $3,500

A capitalist! Love it!

    • 1
Aug 1, 2018

Why is DB here?

EDIT: pls guys its a meme

"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom

    • 2
    • 3
Aug 1, 2018

how about you do some research on these banks, fill in those blanks, and get back to us by 8am. thx

    • 7
Aug 1, 2018

You are probably wanting to understand which product groups / coverage teams each of the bulge bracket banks are better known for?

Aug 1, 2018

@GoldBoy Exactly right, or which area of investment banking each is best known for. For instance, I know MS is known for its handling of IPOs, but that is somewhat superficial and I want to know more about each. Could you help me with the 9 which I listed?

Aug 1, 2018
theharvardbanker:

@GoldBoy Exactly right, or which area of investment banking each is best known for. For instance, I know MS is known for its handling of IPOs, but that is somewhat superficial and I want to know more about each. Could you help me with the 9 which I listed?

Try checking some topics like these:

https://www.wallstreetoasis.com/forums/notorious-i...
https://www.wallstreetoasis.com/forums/top-groups-...
https://www.wallstreetoasis.com/forums/best-groups...
https://www.wallstreetoasis.com/forums/boutiques-a...
https://www.wallstreetoasis.com/forums/deutsche-ba...
Just to give some examples.. try searching for "group" or "team" in the search engine too. Hope that helps

    • 1
Aug 1, 2018

@GoldBoy I think what you said is a more specific classification, so if you could assist me with that, it would be of great help

Aug 1, 2018

Hahaha, this is an amazing troll job. I was dying at the clean bullet point layout.

I imagine if someone actually put this together (and they have...), they could include a bigger instructional package and charge $$.

Aug 1, 2018

@monkey_brah Honestly, I am not understanding how this could be interpreted as a "troll job". Is there no way that most analysts with a 1+ years on the job or interns who have worked with analysts haven't been curious of the competition and have not had the initiative to ask such a basic industry-understanding question?

Aug 2, 2018

If you aren't smart enough to use the search bar or hard working enough to figure it out on your own, you aren't gonna hack it in any job, much less IB.

    • 1
Aug 1, 2018

After over 20 comments of pure uselessness, I am contemplating on closing my WSO account. This forum is full of empty-minded sardonists who have no actual working knowledge of IB. Not a single comment helped with answering my question. On the bright side, your humor will serve you well in the mail room of a bulge bracket, which is where everyone here is headed.

    • 4
Aug 1, 2018
theharvardbanker:

On the bright side, your humor will serve you well in the mail room of a bulge bracket, which is where everyone here is headed.

Oh my god, I can't breathe

    • 1
Aug 2, 2018

No chance OP goes to Harvard. Harvard Middle School maybe.

Aug 1, 2018

.

    • 2
Aug 1, 2018

weird brag

Aug 1, 2018
Comment
Aug 2, 2018
Comment

To infinity... and beyond!