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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| talent that in previous years would have been hired by bulge-bracket firms. As the US bulge-bracket firms such as Citigroup pull back because of the problems caused by the sub-prime crisis in the US, Diamond is planning for BarCap to step in and push into the top five in the US. In particular, small and mid-cap companies are less served than ever by the bulge-bracket firms. |
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