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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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Navigating Layoffs in Investment Banking

OfficeHours

We’ve had dozens of laid off investment banking analysts and associates reach out to us for how to navigate a tough job market. From Goldman Sachs to Morgan Stanley to Citi and beyond, it seems like even the biggest banks are being impacted by reduced deal flow, and there’s still room for the dominos to fall.

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Bank of England delays final Basel bank capital rules to July 2025

Global Banking & Finance

Bank of England delays final Basel bank capital rules to July 2025 LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of international bank capital rules that began after the global financial crisis over a decade ago. The […]

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10-27-2023 Newsletter: From Investment Banking to Media & Entertainment

OfficeHours

Transitioning from a career in investment banking to the dynamic world of media may seem like a significant shift. open.spotify.com/show/7aeLSeoDAPHEGZ89UECnmk We are excited to host Rhea Harsoor as she shares her insights and journey from Investment Banking to Media and Entertainment TODAY AT 3PM ET ! How does one go from IB to Media?

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Citi Executive Sues the Bank Over Sexual Harassment

The New York Times: Banking

Ardith Lindsey, a managing director, is accusing the bank of tolerating a culture in which managers sexually harassed her.

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People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

The New York Times: Banking

The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.

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How to Keep Your Bank from Canceling All Your Accounts

The New York Times: Banking

Banks have suddenly shut down the accounts of scores of customers. Here’s how you can avoid becoming one of them.

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