bulge-bracket firm

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Bulge-Bracket Firm

In bracketing, an underwriting firm responsible for placing a certain amount of a new issue with investors. If a bulge bracket firm is the single largest underwriter, it may be responsible for assigning parts of the issuer to other underwriters. Brackets are listed in order of size on an advertisement detailing each new issue, known as the tombstone.

bulge-bracket firm

A large investment banking firm that is considered to have an exceptional reputation and customer base. Investment bankers such as Merrill Lynch, Morgan Stanley, and Goldman Sachs are held to be among the relatively small group of firms that qualify.
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Edwards spent nearly 20 years at Morgan Stanley and other bulge bracket firms in debt capital markets, credit and portfolio management as well as distribution roles.
Altman aggressively recruits managing directors from the Wall Street bulge bracket firms, each with a $10 million revenue target and has won many trophy mandates in TMT deals.
Industry-focused investment banking firms are clearly gaining significant market share from more generalist bulge bracket firms.
While many bulge bracket firms have downgraded their suite of offerings, we remain committed to delivering value and service to our clients and building on the success of our at-the-market business," said Shawn P.
QSG compared Cheevers & Company's execution quality to the performance of other, typically larger and more recognizable agency brokers, buy-side institutions, and bulge bracket firms to create the sample.
The company manages the billing function for many of the top bulge bracket firms as well as global exchanges, including the CBOE Stock Exchange (CBSX), the Boston Options Exchange, and ELX Futures.
While Margery has served in a senior capacity at various bulge bracket firms, she was most recently a managing director at a successful M&A boutique and brings an entrepreneurial skill set that is a tremendous fit for JMP.
The business has added additional senior professionals from bulge bracket firms as well as boutiques in recent months in a continuing effort to build its intellectual capital in equity research, sales and trading.
Citing a growing interest in post-trade analytics, electronic billing, and on-demand access to trade data, Chicago-based Firm58, a Software as a Service (SaaS) provider, grew its customer base by nearly two-fold in 2010, adding bulge bracket firms, global exchanges, and broker-dealers.
Hurst is a 26-year veteran banker with extensive experience at bulge bracket firms such as Merrill Lynch, Salomon Smith Barney and JPMorgan, where he spent a combined 17 years.
We are excited to partner with Merriman in supporting entrepreneurial investment bankers who have recently gained independence from bulge bracket firms," Bralower said.
Those figures outperformed the bulge bracket firms.