Bulge Bracket
A large, multi-service Wall Street firm.
Mike wanted to work on Wall Street, but couldn’t decide if he should go for a resume-building bucket shop or a reputable, established bulge bracket shop. He went with the latter, because he knew that the upcoming film, Boiler Room, would highlight the downside of bucket shops, and make his dating life hell.
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Finance: What is a Bulge Bracket Firm?1 Views
Finance a la shmoop what is a bulge bracket firm? no this has nothing to do [Weightwatchers appears]
with Weight Watchers Oprah or kale...bulge refers to the size of corporate banks
wallets and there are only a few investment banking firms who you know [man holding a wallet]
bulge... that's Goldman Sachs, JP Morgan, Morgan
Stanley and a few others some in Europe some in Asia none in Antarctica
sorry penguins just keeping it real bulge is basically "everything for
everyone" these banks trade in the most obscure derivatives and enable
firms to raise literally any amount of money they want to raise cover every
need in asset management, tax planning, legal coverage and so on everything so
what's a non bulge or niche firm well it's one that specializes in a given
category or service famous example Allen and company specializes in the media [Examples of media business firms]
business Hollywood banking internet media things like tech the firm has less
than 100 people but it's a powerhouse in its domain just one of many specialty
firms the oil industry has its darlings so does tech, those are niche,
this is bulge....and this is a bulge Jenny Craig can you know help with that [Man in taco bell with a bulging tummy]