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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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Lower Middle Market

Wall Street Mojo

Lower Middle Market Definition The Lower Middle Market (LMM) is a segment formed by companies ranging from $5 million to $50 million in annual revenue. It forms the lower end of the economy’s middle market, mainly small and medium enterprises.

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How to Get an Investment Banking Internship

Mergers and Inquisitions

Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March. By the time internship applications open in Year 2 of university – whether that’s in the middle or beginning (!) Corporate finance roles at nearby companies. and ideally a bit higher.

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

Mergers and Inquisitions

It’s almost like the city has its own PR department and never-ending marketing campaign. If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there. bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables.

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07-08-2023 Newsletter: On-Cycle 2025 FAQs

OfficeHours

Mindset Change: From M&A To The Buyside A few years ago, I made the shift from a bulge bracket firm, where I was focused particularly on M&A, to a buyside fund investing across the capital structure. Join OfficeHours to gain the skills, network, and mentorship you need to excel in finance. Start your journey today.

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The Full Guide to Pre-MBA Internships: Are They Worth It?

Mergers and Inquisitions

These pre-MBA programs are the most prominent in consulting , finance, and technology , which makes sense since most MBA students target these industries. We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank.

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Capital Markets vs. Investment Banking: Deals, Careers, Recruiting, Exits, and Offer Decisions

Mergers and Inquisitions

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking?