Bulge bracket


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Bulge bracket

A tier of firms in an underwriting syndicate that have the highest participation level. See: Mezzanine bracket.

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.
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It specialises in complex investment opportunities that are often overlooked by the "bulge bracket" banks and asset managers, taking long-term stakes in businesses with high-growth potential where it can add value by providing strategic advice and access to key markets across the globe.
East Wind Advisors said this combination will expand the capabilities of the firm by bringing together bankers who worked together for many years on several assignments and have a shared legacy of having worked at the same bulge bracket firm before founding their own boutique firms.
Camoys' successor, David Band, shared his vision of transforming Barclays into a global bank, able to compete with the American "bulge bracket" banks -- the handful of US banks who led most of the heavyweight deals and syn- dications.
Camoys' successor, David Band, shared his vision of transforming Barclays into a global bank, able to compete with the American "bulge bracket" banks--the handful of US banks who led most of the heavyweight deals and syndications.
While Carin has played a senior role at a bulge bracket firm, she has also spent time at successful advisory boutiques and brings an entrepreneurial mindset that fits JMP well.
The grapevine contends that Barclays chairman John McFarlane is under pressure from activist shareholder Edward Bramson's Sherborne fund, which has accumulated a 5.4 per cent stake in the 3-century old former Quaker High Street bank that Bob Diamond morphed in the early 2000s into Britain's only bulge bracket global investment bank Bramson wants Barclays to shrink or even sell Barclays Capital, its investment banking crown jewel, to release $40 billion in dedicated capital to the unit.
The team at FundPlaces has a diverse combination of industry-leading expertise, having worked for worked for bulge bracket banks, large real estate funds and premier technology firms.
"The only difference between us and the bulge bracket was that we were giving priority
* Topline CFandA has in recent times partnered with leading global bulge bracket investment banking firms such as, Morgan Stanley, UBS, NOMURA, CIMB, EFG HERMES, PWC, Deloitte, KPMG etc.
Banks took a beating as bulge bracket HBL (-0.92 percent), MCB (-0.91 percent), BAHL (-2.26 percent), and BAFL (-1.48 percent) closed in the red on continuation of Super Tax, denting medium term earnings of the sector.
The bulge bracket of youth is the stored energy in the catapult that will propel the region towards its goals.
The bulge bracket Canadian asset managers from pension or PE funds have been the biggest India Bulls in the last one year, whipping up a storm with their investment frenzy.