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I never expected to revisit the topic of bulgebracket banks so quickly because the full list changes slowly, and we updated it a few years ago. What is a “BulgeBracket Bank”? The name “bulgebracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.
York is well known for its renowned programs in law, science, fine arts, and business. York is home to the Schulich School of Business which offers business programs for both undergraduates and graduates. Over 1/5 of York investment banking graduates are hired by bulgebrackets and elite boutiques.
UBC is a highly regarded Canadian university, with notable programs in medicine, law, engineering, and business. UBC is home to the Sauder Business School , a top-ranked Canadian business schools offering graduate and undergraduate programs. PMF students consistently place into the top U.S. buyside jobs (e.g.,
UofT is home to the Rotman School of Management , a highly-ranked Canadian business school offering degree opportunities for undergraduate and graduate students alike. UofT has weaker placement to most bulgebrackets and elite boutiques when compared to other top Canadian schools. However, UofT has modest placement into the U.S.
I spent the first 20 years of my career at the global bulgebracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. I was there through 2015, then Bank of America, before I joined Conversant Capital in early 2021. It’s been busy.
She joined Ninety One in 2021 from Royal London Asset Management where she had been head of dealing for three years. When people have ownership in their function and they can see their contribution to the business, that really motivates them to make sure that they are constantly improving,” she explains. “In
Not that the seemingly never-ending list of aforementioned market occurrences had noticeably hindered the prime business. Those are the relatively commoditised parts of the business. If you look at what those firms need in terms of prime-related services, well, cash PB and synthetics are just the basics.
The same criteria as always apply: High grades, a good university or business school, previous finance internships, and a good amount of networking and interview prep. A good example is the 2020 – 2021 period, when SPAC activity went vertical, and plenty of renewable energy companies used SPACs to go public.
Beyond that experience, bankers look for the same qualities as always: High grades, a good university or business school, previous finance internships, and networking and interview prep. SPAC IPOs for esports companies were “hot” for a short period in 2021, but they seem to have died off by now.
MD: “Hmm… well, you’re not busy right now, so let’s make it a 100-pager. In 2021, after the infamous “Goldman Sachs” presentation went viral , banks raised base salaries and changed their staffing and work-from-home policies. It’s Not 2004, 2014, or 2021 Anymore: Banks Need to Change So, now to the punch line. Get started ASAP!”
billion, IBM’s acquisition of two businesses from Software AG for 2.3 billion euros, and Rocket Software’s acquisition of OpenText’s application modernization and connectivity business for $2.3 There were only 16 announced take-privates of US-listed tech targets by private equity sponsors in 2023, down from 21 in each of 2021 and 2022.
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