Remove 2008 Remove Boutique Remove Debt Capital Markets
article thumbnail

Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

For example, Lehman Brothers and Bear Stearns were considered bulge bracket banks before the 2008 financial crisis – but many people today don’t even remember them. As another example, some argue that UBS should not be a bulge bracket bank because it has focused on wealth management and areas outside the capital markets.