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What is the most prestigious bank to work for?
Goldman Sachs: The Most Prestigious Firm to Work for in 2020
| Firm Name | 2020 Rank (2019 Rank) | Change in Rank |
|---|---|---|
| Goldman Sachs & Co. | 1 (1) | 0 |
| Morgan Stanley | 2 (2) | 0 |
| J.P. Morgan Investment Bank | 3 (3) | 0 |
| Evercore | 4 (4) | 0 |
Is Goldman Sachs a bulge bracket?
As a catchall term for this class of large global investment bank, “bulge bracket” commonly refers to Bank of America Merrill Lynch, Goldman Sachs, Barclays Capital, Credit Suisse, Deutsche Bank, JPMorgan Chase, Citigroup, Morgan Stanley, and UBS.
What is the difference between a bulge bracket and boutique?
Bulge bracket banks are multinational, brand-name banks that regularly handle billion-dollar transactions and employ thousands of people in financial centers around the world. Then there are boutique banks—smaller, younger banks that specialize in certain areas of investment banking and handle smaller deals.
What does a Wall Street banker do?
Essentially, investment bankers are financial advisors to corporations and, in some cases, to governments. They help their clients raise money. That may mean issuing stock, floating a bond, negotiating the acquisition of a rival company, or arranging the sale of the company itself.
Is it prestigious to work at a bank?
Prestige: banking is seen as a desirable and prestigious career and is felt to be more secure than other sectors such as retail or fashion.
Is Wells Fargo a bulge bracket?
Wells Fargo is the classic example of the “In-Between-a-Bank”: Technically, it’s not a bulge bracket, but it’s also not a boutique or middle market firm. It’s strong in debt and ranks among the top banks there, but doesn’t do as much M&A advisory business.