Mergers and Inquisitions

NOVEMBER 22, 2023

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.

Bulge Bracket 105

Bulge Bracket Banking Bank Boutique 105

The TRADE

MAY 24, 2024

That is something that the mid and smaller brokers can access relative to the bulge bracket who don’t really see that as an important USP for the business right now. We must remember this is a customer facing business. We’re mindful of the ongoing cost of electronic business.

Bulge Bracket 52

Bulge Bracket Electronics Retail Trading 52

Mergers and Inquisitions

OCTOBER 18, 2023

Investment Banking: Deals The basic difference is that in “investment banking” groups, such as technology , TMT , healthcare , or consumer retail , you work on various deal types: sell-side and buy-side M&A, leveraged buyouts, IPOs, follow-on offerings, and bond issuances. or debt offerings (investment-grade or high-yield bonds).

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

JANUARY 10, 2024

There is some overlap because at the large banks, wealth management clients often get early/privileged access to investment banking products, such as upcoming IPOs, equity/debt offerings, or new investment products. Investment Banking: Deep and short-term coverage (just until the deal is done!).

Investment Banking 59

Investment Banking Management Banking Bank 59

Mergers and Inquisitions

SEPTEMBER 11, 2024

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. For growth-stage companies, you will see plenty of equity offerings: IPOs , SPACs , PIPEs, and follow-on issuances.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

JULY 12, 2023

PitchBookGPT could target large banks ( the bulge brackets ) instead, as they are more willing to pay for training and productivity tools. To reach a $1 – 2 billion valuation, the company would need hundreds of millions in annual revenue, and we don’t think that’s realistic for its business model and market.

Capital 52

Capital Valuation Boutique Bank 52

Mergers and Inquisitions

DECEMBER 4, 2024

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.

Investment Banking 105

Investment Banking Banking Bank Investment 105