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Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

I never expected to revisit the topic of bulge bracket banks so quickly because the full list changes slowly, and we updated it a few years ago. What is a “Bulge Bracket Bank”? The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

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Investment Banking in Dubai: The New York of the Middle East?

Mergers and Inquisitions

This happened back in 2008 and, more recently, in 2022, when deal activity fell almost everywhere except for the Middle East. For example, total deal activity held up better than in other places in 2008, but it fell substantially in 2009, following the rest of the world. Investment Banking in Dubai: The Top Banks The usual U.S.

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Trader of the Year Hedge Fund: Conversant Capital’s David Alfred

The TRADE

I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. I started my career at Bear Stearns in 2001, then migrated to Credit Suisse in 2008. We are nimble and agile.

Funds 59
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UBS and Credit Suisse: The Next Shoe to Drop in the Financial Crisis of 2023?

Mergers and Inquisitions

it’s starting to feel a lot like 2008. First, Credit Suisse is obviously no longer a bulge bracket bank , so I’ll have to update that article. In 2008, some banks rescinded internships and full-time jobs, so it’s safest to assume that will happen again. What Happens Next with UBS and Credit Suisse?

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9 Concepts We Can Learn About Raising Capital From How2Exit's Interview W/ Richard Luftig

How2Exit

He then worked for what are called bulge bracket investment banks, mostly in the capital market space. Then, in 2008, the world experienced a massive financial crisis and Wall Street experienced tremendous dislocation. In 2000, Richard's partner left and he left for Bear Stearns.

Capital 130
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No Return Offer from an Investment Banking Internship: What to Do

Mergers and Inquisitions

2008 – 2009 or 2022 – 2023), the percentage may be even higher. All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates. After putting in all that time and effort, you feel like you’re back at square one.

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Private Equity Regulation: 2023 Changes and Impact on Finance Careers

Mergers and Inquisitions

The main issues here are: 1) The “private funds” industry has grown tremendously since 2008 and has over $25 trillion in assets , more than the entire commercial banking sector in the U.S. The large corporate law firms started freaking out months ago when the FTC and DOJ announced these changes and requested outside comments.