Talk:Bulge bracket
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[edit] Who is or is not in the bulge bracket
Saying that J.P. Morgan is undisputably in the bulge bracket is probably inaccurate. Until the repeal of the Glass-Steagall Act in 1999, they were limited to being a commercial bank and generally did not underwrite the offering of securities in the United States.
What about Banc of America Securities? Investment banking services are increasingly tied to providing credit, so banks with large balance sheets are winning investment banking business over traditional players.
I would also say that Bear Stearns, although a highly respected independent investment bank, is not really a bulge bracket bank, because it does not have a significant presence in a number of key investment banking markets.
Cbmccarthy 14:29, 12 December 2006 (UTC)
Maybe it should read, "Current" and not undisputable. GS, MS, JPM are current top 3 in M&A according Thomason. Someone needs to change it who knows for sure.
www.thomson.com/solutions/financial/investbank/leaguetable_home/#func1
[edit] Sources
To make this article useful, we will need to reference some sources. Here's one, please suggest others. patsw 14:16, 26 September 2007 (UTC)
