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Does anyone here actually understand what the "bulge bracket" is?
Usually posts this dumb are trolls, but sadly I feel this isn't the case here.
OP, start with this:
http://en.wikipedia.org/wiki/Bulge_bracket
Perhaps OP believes BB is an acronym for "badass bank."
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.
It was uncalled for, agreed.
^wtf- monkey shit for that? really?
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 is hands down better than UBS. But jrt336 is right... EVR/LAZ are not BB since they are not universal banks.
Edit: useless post
Full service and does this in numerous nations, think US, London, HK, places through Europe etc..
In saying that, i believe as said above Lazard doesn't do any financing thus they don't fit that mould of full service, even though their reasonably global, from NY, to London to Tokyo to Sydney. While WF and RBS for example does, they aren't considered BB's due to their performance in league tables, and then the services they perform whether they are considered innovative, and the ability to win the work that is seen as prestigious etc and therefore are not considered in the elite because of that.
Edit: I just realised that this thread wasn't new.
RBC
well this is an old post, but I don't consider UBS to be a BB anymore, at least within the united states
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