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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.
You can see a breakout of deals by specific country below, based on the same sources (ION Analytics, Dealogic, and MergerMarket ): None of this means that Singapore is “bad.” The basic difference is that the international bulgebracket banks tend to be stronger in M&A advisory and weaker in equity and debtcapitalmarkets.
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