Back Bulge Bracket French Ներդրումային բանկերի սինդիկատ Armenian Bulge Brackets Italian バルジ・ブラケット Japanese 벌지 브래킷 Korean 大型投资机构 Chinese
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Bulge bracket banks are the world's largest global investment banks,[2] serving mostly large corporations, institutional investors and governments. The descriptor "bulge bracket" comes from the way investment banks are listed on the "tombstone", or public notification of a financial transaction,[3] where the largest advisors on investment banking operations (mergers, acquisitions, IPOs, or debt issuance) are listed first.[4] The designation of a bulge bracket bank is primarily based on the bank's financial advisory business, as opposed to sales and trading.
- ^ "Top 8 Cities by GDP: China vs. The U.S." Business Insider, Inc. Retrieved May 21, 2018.
For instance, Shanghai, the largest Chinese city with the highest economic production, and a fast-growing global financial hub, is far from matching or surpassing New York, the largest city in the U.S. and the economic and financial super center of the world.
[better source needed] - ^ "Bulge bracket - Definition of bulge bracket at YourDictionary.com". Archived from the original on February 3, 2009. Retrieved March 6, 2009.
- ^ Investopedia Staff (November 25, 2003). "Bulge Bracket". Investopedia. Retrieved February 5, 2017.
- ^ Cite error: The named reference
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