Bulge Bracket Investment Bank Primer (Rankings, Pros & Cons)

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Bulge brackets are investment banks that have lending balance sheets and have multiple business units (such as equity research and sales and trading). In this video, we will discuss the business model of bulge brackets, try to define what constitutes a bulge bracket, and go over the pros and cons of working for one. We look at each firm's deal value, M&A value, and prestige.
** Full Blog Post: www.peakframeworks.com//post/...
0:00 - What is a Bulge Bracket?
3:18 - Ranking the Bulge Brackets
7:29 - Pros of Working for a Bulge Bracket
10:09 - Cons of Working for a Bulge Bracket
Peak Frameworks is a business career prep service started by Matt Ting and Patrick Fong, who have each spent several years working in investment banking and private equity in New York and Silicon Valley. Matt and Patrick met at Evercore, a top tier investment bank, and over the years have tutored and coached dozens of candidates to land their dream business job.
Matt Ting: / matthewting
Patrick Fong (HBS 2021): / patrick-fong-0b773041
#InvestmentBanking #BulgeBrackets #GoldmanSachs

Пікірлер: 35

  • @HelloColorClear
    @HelloColorClear2 жыл бұрын

    Matt, most of my parties are NYU grad parties. Evercore was the way to go.

  • @newyorkgumgum9960
    @newyorkgumgum99602 жыл бұрын

    4:08 A moment of silence for UBS and DB

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    I call it like I see it!

  • @suwichibale3317
    @suwichibale33172 жыл бұрын

    These are great, thank you!

  • @sahildhanrajani8936
    @sahildhanrajani89362 жыл бұрын

    can you make more videos on the canadian markets? would help a lot

  • @ash200712345
    @ash2007123452 жыл бұрын

    keep em comin!

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    Thank you, Ashmin!

  • @rileyjones1375
    @rileyjones13752 жыл бұрын

    I’m a 2nd year analyst at a top 5 Commercial Bank working within a specialized lending group for private-equity backed SaaS and tech-enabled services companies. Would I be competitive for a software/tech services M&A analyst role? Assumed yes for middle market shops but what about BB/EB too?

  • @invest_maktab
    @invest_maktab2 жыл бұрын

    Can you tell about the advisory departments of Big4 firms? They also deal with M&A, and other staff which is similar to IBs. Can you tell more about the difference and similarities between them?

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    Yes, they're a great feeder into BB and EBs. Tend to work on smaller deals, get paid less, and have worse exit opps. Still great jobs where you pick up important skills, just don't have the same cachet.

  • @jameswang7675
    @jameswang76752 жыл бұрын

    I've heard bulge bracket bankers have more products to sell to clients, so it's easier to move up. How does that factor play into upward mobility vs boutiques? Great video as always Matt!

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    I think on a relative basis it's still harder to move up. There might be a few more products, but the bulge brackets are all significantly older firms and they generally all have huge gluts at the mid-level. From my perspective you can generally grind your way up to VP, but it's materially harder jumping to MD or partner at the bulge brackets.

  • @TVjaginc
    @TVjaginc2 жыл бұрын

    UBS is a bulge bracket bank. They hold the most amount of private wealth. 2:1.

  • @ok-kp5jn
    @ok-kp5jn Жыл бұрын

    Please make a video comparing Tech Vs IB.

  • @renegadejt4985
    @renegadejt49852 жыл бұрын

    How about a video on rankings and pros and cons for middle market investment banks?

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    It's a tougher topic for me to cover, but I'll think about it!

  • @danielmoore9214
    @danielmoore92142 жыл бұрын

    By the way, in London Citi are awesome, especially for securities underwriting....

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    Thanks for the insight!

  • @Riot37059
    @Riot370592 жыл бұрын

    UBS is top BB in APAC region

  • @bamibee94
    @bamibee942 жыл бұрын

    I had MBA summer associate offers from Morgan Stanley and J.P. Morgan and a Superday invite from Goldman. Ended up signing with Morgan Stanley because of the flexibility of its generalist platform (NYC)

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    Let's go!!! Congrats!

  • @bamibee94

    @bamibee94

    2 жыл бұрын

    @@PeakFrameworks thanks, your channel has been super insightful as I compared banks / offers

  • @vikramank5709

    @vikramank5709

    Жыл бұрын

    Would love to have a chat with you personally

  • @sk8r9871
    @sk8r98712 жыл бұрын

    0:36 lmao no love for UBS or DB 😂😂

  • @Mandy-ho1yy
    @Mandy-ho1yy2 жыл бұрын

    Is Wells Fargo an investment bank? Is it good place for junior analyst?

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    Yes, Wells Fargo does have a corporate / investment banking divisions, but I think it's generally been quite small. I would prefer a traditional investment bank over it, but Wells Fargo is still preferable to a Big 4 or boutique.

  • @Mandy-ho1yy

    @Mandy-ho1yy

    2 жыл бұрын

    @@PeakFrameworks how would you rank wells fargo, BMO and HSBC? for their global markets division

  • @lutdootutdoo5342
    @lutdootutdoo53422 жыл бұрын

    This guy reminds me of Do Kwon for some reason

  • @nickserpa1543
    @nickserpa15432 жыл бұрын

    Is Deloitte a good consulting firm to work for if wanting to transfer to Private Equity later on?

  • @EvadeModsRGH

    @EvadeModsRGH

    2 жыл бұрын

    Not as good as MBB consulting firms

  • @PeakFrameworks

    @PeakFrameworks

    2 жыл бұрын

    MBB is significantly better but I've seen people from Deloitte financial advisory services break into private equity. Just check the track record of your group to see what's possible.

  • @vssnav
    @vssnav2 жыл бұрын

    UBS is BB

  • @juliazhu5831
    @juliazhu58312 жыл бұрын

    NYU grad party lmao

  • @bigworm3886
    @bigworm388618 күн бұрын

    Ahhh a Koreans favorite pastime - prestige rankings 😂

  • @glennsugana4348
    @glennsugana43482 жыл бұрын

    Who.. cares?